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mortgage renewal - with a twist
my mortgage renewal is coming up next may and i'm currently traveling abroad and am planing on so until around early spring next year
my house is currently rented out to someone that wants to stay long term
my question is what's the likely hood that i can get renewed with just a renter? signed contract for another year let's say?
or do i need to have my own income?
i will be working in australia near the end of this year but only for a few months to make some cash to continue travelling?
what about living abroad (longer term), would they accept for renewal?
or an i fucked and need to come home early and get a job at home so appease their requirements for renewal?
i'm going to be emailing my broker as well i just wanted to get other people opinions and insight
thanks
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