Experiences of getting a mortgage on moving back?
Dec 17th 2013, 1:15 pm
#31
BE Forum Addict
Joined: May 2011
Posts: 1,348
Re: Experiences of getting a mortgage on moving back?
If it's such a small amount,could you look at getting an unsecured loan instead?
Dec 17th 2013, 5:11 pm
#32
BE Enthusiast
Joined: Oct 2008
Location: Alberta to Kendal
Posts: 353
Re: Experiences of getting a mortgage on moving back?
Dec 17th 2013, 5:28 pm
#33
BE Forum Addict
Joined: May 2011
Posts: 1,348
Re: Experiences of getting a mortgage on moving back?
Makes no sense to me 
No broker with any ideas?
No broker with any ideas?
Dec 17th 2013, 5:30 pm
#34
BE Forum Addict
Joined: Nov 2007
Location: Beautiful Dorset, UK
Posts: 2,195
Re: Experiences of getting a mortgage on moving back?
They will not look at us for either ......... he is self employed on a great wage ,he has proof of employment now and the next job which is a 2.5yrs contract and the wage (it would be paid off within 2 yrs). We have accounts from Canada from years ago which dont count for any thing. We are paying a huge amount in rent and the mortgage would be half that.We will be putting down %95 down so for goodness sake we are not a risk!!!!!!
Dec 17th 2013, 5:34 pm
#35
BE Enthusiast
Joined: Oct 2008
Location: Alberta to Kendal
Posts: 353
Re: Experiences of getting a mortgage on moving back?
I wonder if some of the issue is that you don't fit the traditional mould - ie low loan-to-value amount, short term... paradoxically, I wonder if you might have better luck if you were actually looking to borrow a little more? Are you working with a broker? do they have any ideas?
Dec 17th 2013, 6:35 pm
#36
BE Forum Addict
Joined: May 2011
Posts: 1,348
Re: Experiences of getting a mortgage on moving back?
That's a good point actually, I do wonder if there's a minimum you can borrow on a mortgage? If so, borrow it, then just pay it back 
yeah good thinking we will find out tomorrow thank you
