consumer proposal and mortgage
September 23rd, 2008 by Questions
We are a year into a consumer proposal and our mortgage which we have held for 4 years without any problem is up for renewal next June.
Will we have to stay with our current bank or will we be able to go to another bank to redo our mortgage? Our credit is bad right now because of the CP and we haven`t had the funds to get one of those pay in advance credit cards to build up our credit.
Will banks take one look at the consumer proposal and not want to touch us or will we have to stay with our existing bank and have a higher interest rate?
Thanks in advance.
Posted from: British Columbia