How do you finance buying one home before you sell your existing home? and Access to finance. The driver for the competitiveness of SMEs [CONFERENCE]

How do you finance buying one home before you sell your existing home?

I want to buy another home, move, & then sell my old home. Are there ways to finance the new home using the equity of the old home to secure the loan?


Finance best answer:

Answer by Angie T
You can get a home equity loan on your primary home to put down on your new home. Of course you have to be able to qualify financially for both loans or show rental income on your original home to offset it.

Finance

Access to finance. The driver for the competitiveness of SMEs [CONFERENCE]


Image by ALDEADLE Alliance of Liberals and Democrats for EU
Mrs. Sarah LUDFORD and Mrs. Norica NICOLAI [ALDE MEPs]

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