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I have a personnal loan would like to move & get a small morgage, can I?

The loan has a high interest rate, if I get a morgage I can clear that loan & move?

Asked on Sep 18 2010, Home Finance in Knebworth | Report content

Answers (1)

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  • Yes you can as long as you have an income that supports the loan and a big enough deposit, normally a mortgage is at a much lower interest rate than a loan. You need to make it clear that the loan will be paid off, you also need to take into account moving costs.

    Answered on Sep 20 2010, Report content

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