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Updated almost 4 years ago on . Most recent reply

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Guy Levy
  • Member since Feb 21, 2021
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Guy Levy's profile image
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Guy Levy
  • Member since Feb 21, 2021
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Guy Levy
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3
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Private Lending & Conventional Mortgage Advice

Mortgage after closing - what are my options?

Guy Levy
Posted

I want to take a mortgage out after closing with cash, for some partial amount of the houses' worth.

I saw there is something called 'cash recapture mortgage' or 'delayed financing'.

What are my options here? Is there a time limit after closing (90 days/6 months) where after which something changes? Can I just take a mortgage anytime? Can I still claim the interest as tax deducible ?

Thanks

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