Theres a house I'm really intrested in and can afford but I'm currently tied into an investment deal on another property. My mom said she would sign to borrow the money to purchase the new property as my residence but I want to be able to switch it into my name in six months or so. Is there a way I can do this with out having to pay high loan origination fees and ect? Thanks!
2007-01-07 14:58:17 · 3 answers · asked by hopes2graduate 1 in Business & Finance ➔ Personal Finance
You can't just put the loan in your name. You will have to apply for a mortgage loan. As far as the fees go, you can shop around and find out what origination fees you will be charged. Go with the broker who will charge you the least amount of fees.
2007-01-07 15:05:00 · answer #1 · answered by kelly h 3 · 0⤊ 0⤋
No way possible U gotta apply 4 the mortage loan in order 2 get it in your name no other way possible
2007-01-07 23:06:51 · answer #2 · answered by sugarbdp1 6 · 0⤊ 0⤋
I think you will have to take out a regular loan in your name, with all fees involved. Sorry,.
2007-01-07 23:06:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋