Mortgage Renewal and Debt Management Program
September 15th, 2008 by Questions
Our mortgage is up for renewal in march 2010 but we are in debt management program until June 2010. Are you going to have a hard time renewing if all our payments are up to date with out mortgage and also with other creditors i.e. car payments, etc.?
Posted from: Ontario
One Response to “Mortgage Renewal and Debt Management Program”
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.
September 17, 2008 at 9:33 am, Barton Goth - Goth & Company Inc. - Bankruptcy Trustees said:
Often a mortgage renewal is easier than obtaining a new mortgage, so likly you won’t have any major issues. However, if you try to shop the mortgage around to different institutions you may find it more difficult to obtain these new mortgages as they will have to rely more on your credit history report and less on the relationship they have with you over the duration of your last term.