Quote:
Originally Posted by roopi
I've never heard of having to re-qualify for a mortgage at time of renewal unless you are changing banks.
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Correct. Once you got it - you just roll it over unless you're thinking of changing variable/fixed/terms, etc. Then it'd be a new application.
B Lenders and non-bank lending is amazing for retail investors. You have guys and conveyancers/lawyers doing $20-100K lending at 6-10%.
Second charge on title, even better rates.