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Updated over 5 years ago on . Most recent reply

Artur A.'s profile image
Artur A.'s profile image
Artur A.
  • Member since Nov 11, 2019
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Artur A.'s profile image
Artur A.'s profile image
Artur A.
  • Member since Nov 11, 2019
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Artur A.
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Buying & Selling Real Estate

Home Loan for buying a out-of-state house

Artur A.
Posted

Hi guys, I'm pretty new here 

I live and work in the Bay Area and planning to buy a house in the midwest (eventually move there).  If it is Investment property loan - interest is 5.2%, home loan - 3.57% (50 k less total amount). 

What are the requirements for getting a home loan - only that I have to live there for the first 6 weeks? Can I purchase a property without living there first 6 weeks? 

Thank you

Artur

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