We’re looking at purchasing a large new build that hasn’t even started construction yet, and selling our current home. We have 3 more years left on our current mortgage and we have a fantastic rate (1.5%) so obviously we’d like a blended mortgage for the new build. Is this possible? I heard from someone that blended rate is only possible if the closing dates are days apart. Thank you!
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source https://www.reddit.com/r/RealEstate/comments/zsordq/blended_rate_for_new_construction/
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