Sellers offering their low rate and allowing the new buyer to take over the Mortgage?? 🤔
That’s great, but what if there’s a gap between the current mortgage and the new home price?
Does that mean you just have to pay cash for the difference?
What if you don’t have the cash and you still want the house but you don’t want to give up the sellers lower rate they’re willing to offer you?
that is where gap financing comes in
#kevin.brierton #noexcuselender #firsttimehomebuyer
