Have you been advised to study the possibility of a bank buying your mortgage debt ? My recommendation is , accept. I mean, say yes to the evaluation. It can be a very good business. Getting a mortgage replacement is a normal operation in some financial institutions. In the case of a mortgage loan, it is equivalent to asking a financial institution to pay the debt you acquired with another bank for the purchase of a property , and grant you a new mortgage loan on the same property . In simple words, it is to renegotiate or restructure a mortgage loan with a new entity. And, normally, one thinks…
Key steps to get a mortgage replacement | Loans
