Who Is This Suited To

Although taking on two mortgages at once may seem stressful, there are several situations when it can be a very advantageous choice, such as:

You have found a new house that you want to buy, but are unable to sell your current one.

You want to move to a different property but don’t want to sell your house because it has sentimental value, because you may have inherited it from family.

You want to relocate now, even if the market is not ideal for selling your property for a good price right now.

Due to business or family obligations, you must relocate for a while, but you eventually intend to return home.

You want to keep your current home but purchase a house with your new partner (s).