PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Can I buy two houses at the same time?
I am in the process of moving homes. However, I also just found my dream vacation home and don’t want to wait. Can I buy two houses at the same time?
Nick Kunze · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
What an exciting time! As long as you can meet the credit and income requirements, you can buy two houses at the same time.
While not impossible, you’ll need a sizable income and a great credit score to get two mortgages. First off, you’ll need enough in the bank to make two down payments. You’ll also need to qualify for two loans.
Your lenders will consider your debt-to-income ratio (DTI), which is the amount you owe a month versus how much you make, plus your credit score. Once you have one mortgage listed, you’ll need an impressive income and savings account to convince a second lender you’ll be able to pay for both.
However, if you can pull it off, go for it! Enjoy both of your new properties.
For cheap home insurance quotes fast, go to
Jerry
. A licensed broker that offers end-to-end support, the Jerry app gathers affordable quotes, helps you switch plans, and helps to cancel your old policy. Even better—Jerry will help you bundle your home and auto policies for maximum savings. MORE: How to make a counteroffer after a home inspection
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
.webp&w=384&q=75)
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
