Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does the 60-day waiting period apply to both residential and general purpose loans?

April 26, 2017Loans period purpose Residential waiting

0

Posted

Does the 60-day waiting period apply to both residential and general purpose loans?

1 Answer

0

Posted

Yes. There is a 60-day waiting period for each type of loan. However, if you have only a general purpose loan, there is no waiting period for a residential loan, and vice versa.