Obtaining 30 year loan while waiting to sell property in forebear

Member since 2017 · 59 posts · 4 votes

Can this be done or are no lenders allowing this?

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Specialist · OverTheRainbow · Member since 2020 · 607 posts · 909 votes
6y
Originally posted by @Mark K.:
Can this be done or are no lenders allowing this?
No lender would do that. You aren't going to get financing,most likely, for any property in a forbeance agreement.
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Elise Marquette
Lender · Frisco, TX · Member since 2019 · 546 posts · 270 votes
6y
It'll have to be paid current before a new mortgage can be issued
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