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Can you make cash offer but get mortgage 1-2 yrs later when rates low?

2 months ago
last modified: 2 months ago

Im just curious as I read you can do this if you get a mortgage 'underwritten' to you before-hand, and then make all-cash offer but pretty quickly can get the underwritten mortgage quickly after buying a house with cash ... but what about if you don't want to do it so quickly (since rates will be high for a while)? Like if you want to wait 1-2 years. Is there a name to this kind of mortgage or equity loan?

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