3 ms·
Depends. Can you transfer the loan? If not, you may not be able to get the loan, because you may need to borrow more money than the bank is willing to lend wi
by AnimalMuppet 3y ago
Depends. Can you transfer the loan? If not, you may not be able to get the loan, because you may need to borrow more money than the bank is willing to lend with the current prices.
- dontlaugh 3y agoI wasn’t aware there even are non-transferable loans. Transfer and second charge is the common way to sell and buy while you still have a mortgage, around here.
- lsaferite 3y agoOut of curiosity, where is "here" in this case. I've never heard of someone transferring a mortgage here (in the US). I'd _love_ to transfer my low-interest loan considering the current rates.
- dontlaugh 3y agoIn the UK all providers allow it, except for a few specialist ones. I know of people in some continental Europe countries that have done it, too.