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Mothers Group Anonymous member 29m. Question to Lenders/mortgage brokers: I am trying to find loopholes so please dont get offended I have pre approval for only $700K but I want to buy 2 properties worth 700K each. If I select the two properties and sign both contracts subject to finance, apply for finance for each property to a different bank, is there a way they can find out I have applied for another loan elsewhere? ☑ Also, in the best scenario, if the both banks approve the loan for 700K each, do they recheck the finances at settlement? Will they find out at settlement I have another loan in progress or approved somewhere? Edit: Yes I will be able to manage the repayments for both properties 1 11 comments Like Comment Send

Sounds like a good plan


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Uploaded Nov 23, 2024 at 10:02AM EST

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