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Updated over 3 years ago,

Brittany Olofsson's profile image
Brittany Olofsson's profile image
Brittany Olofsson
  • New to Real Estate
  • from Clarksville, TN
  • Member since Sep 6, 2019
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User Stats

36
Posts
9
Votes
Brittany Olofsson's profile image
Brittany Olofsson's profile image
Brittany Olofsson
  • New to Real Estate
  • from Clarksville, TN
  • Member since Sep 6, 2019
Connect
Brittany Olofsson
  • New to Real Estate
  • Clarksville, TN
9
Votes |
36
Posts
Buying & Selling Real Estate

Pre approved for a lower amount, but putting down cash...

Brittany Olofsson
  • New to Real Estate
  • Clarksville, TN
Posted

So I am a newbie investor. I am closing on my first SFH in 2 weeks. Another SFH with MIL has come on the market and I'm very interested. My lender has stated I am pre-approved for $180,000, however this property is $243,000. Am I able to pay the difference in cash to bring my loan down to 180K and still get financed?

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