How hard is it to qualify for second home loan?

2 Responses to “How hard is it to qualify for second home loan?”

1. markf_07 says:

   October 4, 2010 at 1:42 am

   Was the home FHA financed? If so you will not be able to rent it out must stay in it for 2 years if the bank were to find out they could call the mortgage due. The second loan might not be easy the banks are requiring 3% for FHA and a 600 credit score talk to a mortgage consultant or your bank to see what they’re offering you maybe you can get a good deal good luck
2. makneltech says:

   October 4, 2010 at 2:32 am

   just refinance your first home to pay off your new home, that way you still have a property and its refinancing, and you pay the other with a large check. and you can deal it better too

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