How Do I Get a Mortgage on a New Home?

Mortgage is still in their name. How do they go and get another mortgage? So DTI coverage, right? This was the last piece of the puzzle. You have to show that there's income on the other properties. It's the same thing when you buy a house from someone who has two houses. The lender over at the new home build said we have to sell this house in order to qualify for the new house. We can't have two houses. She goes, okay, no problem. Let me call my friend who's a real estate agent and let's have them list the property. It'll sell in two months and that house will be done in six months.

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