what does cash to new loan mean?

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March 27 2009 - Corona
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Profile picture for lucky59
Hello,

Can you purchase a home that says "cash to new loan" with a pre approved FHA loan?
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September 10 2009
Profile picture for stephanie4home
The term cash to new loan means that you bring a certain amount of cash, your down payment and also procure a new loan in the process as well.  Cash to new loan.  There is a separate term Cash, meaning all cash.
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September 08 2009
Profile picture for LydiaKray
It means All Cash purchase or new loan. Believe it or not there are quite a few buyers that purchase with all cash.
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May 01 2009
 

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