dcsimg
We research, you save.
Got Questions On Rates? (855) 610-2972

Relocating: Get my new mortgage here or there?

HSH.com

Q: I am moving to another state and would like to get qualified for a mortgage on a home I will buy in the new state. I will be selling my home in New Jersey.

A: There's no doubt that relocating to a new state can pose challenges. Depending upon where you're going, you might be able to find a lender here in New Jersey who also has operations in the new state (or a lender in the new state with operations in New Jersey) giving you a local office to help manage the process. Failing that, you should look to mortgage lenders in the new state with outlets near to where you are hoping to move, which will give you access to local resources to help you.

More help from HSH.com

  • HSH.com on the latest move by the Federal Reserve

    The Federal Reserve concluded a meeting today with a quarter-point change in the federal funds rate, but no changes to other monetary policy tools.
  • 10 metros where a home costs about $1,000/month

    HSH.com identifies 10 metro areas where you can afford the principal, interest, taxes and insurance payments on a median-priced home for only around $1,000 per month.
  • Home price recovery index: Which metros have improved the most, least?

    Have home prices in your area fully recovered from the declines suffered during the Great Recession, or are they still struggling to make it back to the peak it reached before the crisis?
  • The salary you must earn to buy a home in 27 metros

    Here’s how much salary you would need to earn in order to afford the median-priced home in your metro area.
  • Can I separate tax and insurance payments from my mortgage payment?

    It may or may not be possible for you to take on the responsibility