Our current collateral loan is up for refinancing what are people doing today? I notice that more banks are advertising to go to them? I would be appreciated which is the best approach.
1 Like
In our case. We contacted our bank and was referred to a loan officer who requested a full finance history and updated valuations before they made an offer. To be fair to them it was not a simple refinance, their were quite a few tenancy issues as well. But the drop in equity was a big concern for the bank.
2 Likes