Query about home loan

It sure is, just make sure you find the right people to discuss the process with.

Yes, the son will be able to do that. The loan on the house will be less than the full loan balance, or 95% of the appraised value, depending on which one is less.

Yes, the son will be able to do that. The loan on the house will be less than the full loan balance, or 95% of the appraised value, depending on which one is less. But I also heard that there might be issues with family-related loans and transactions.