I want to move buy a house in different state and i need to take out a loan can i take a loan out in...?

Question

that state or does it have to be this one?

Answer 1

It depends on your lending institution. If you use a local bank in your current home state they may or may not do loans outside the state.

I am a Realtor in FL and I always reccomend that my clients use a local lender anyway. This is because they understand the local market and distinctions.

This is all assuming that you qualify for your loan.

Answer 2

Depends on your credit rating