Hi,
Just about take out a mortgage. Going to go with a fixed rate for 2-3 years and the mortgage term will be 25 years.
If my wife or I were to lose our jobs during the first 2-3 years, would we be able to extend the term of our loan without facing the usual fixed rate penalties?
Just about take out a mortgage. Going to go with a fixed rate for 2-3 years and the mortgage term will be 25 years.
If my wife or I were to lose our jobs during the first 2-3 years, would we be able to extend the term of our loan without facing the usual fixed rate penalties?