Refinancing Question
Hi All,
Looking for some insight from the professionals.
I currently have a 1 year mortgage with a second tier lender (i forgot the exact term but its not with one of the big banks), which just recently began. My plan is to try and refinance after the 1 year with one of the big banks for a 4 year term. Also, for additional context, I have another rental property.
My main question is this - I may potentially be up for a promotion at work which requires me to relocate to Dublin near the end of 2020. In the event that I pursue this opportunity, what are my chances that one of the top banks will offer me a mortgage? From the research I've done, Canadian expats who want to purchase property back in Canada can do so, but will most likely need to put 35% down. Im just not sure how this works when refinancing.
Any insight will help! Thanks!
Looking for some insight from the professionals.
I currently have a 1 year mortgage with a second tier lender (i forgot the exact term but its not with one of the big banks), which just recently began. My plan is to try and refinance after the 1 year with one of the big banks for a 4 year term. Also, for additional context, I have another rental property.
My main question is this - I may potentially be up for a promotion at work which requires me to relocate to Dublin near the end of 2020. In the event that I pursue this opportunity, what are my chances that one of the top banks will offer me a mortgage? From the research I've done, Canadian expats who want to purchase property back in Canada can do so, but will most likely need to put 35% down. Im just not sure how this works when refinancing.
Any insight will help! Thanks!