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How far in advance for a loan?

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Comments

  • marco_79 wrote: »
    You can nail a mortgage rate for up to 6 months in advance so i don't think its a silly question!

    Are you looking to nail a mortgage then?
  • Gaz83
    Gaz83 Posts: 4,047 Forumite
    1,000 Posts Combo Breaker
    marco_79 wrote: »
    You can nail a mortgage rate for up to 6 months in advance so i don't think its a silly question!
    No you can't.

    You can get an agreement in principle for up to six months (or three months as is more common). You're then credit-checked again prior to funds being released - if something has changed, that can affect their decision.

    It's the same with loans.

    You're not going to get a lender to agree to give you a loan three months in advance at a current rate. But by all means ask.
    "Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."
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