My current mortgage is up for renewal and I am transfering to a different lender. I have read the letter of commitment that the new institution has provided me and overall it seems straight forward. I want to know if there are any particular conditions that I should watch out for in the fine print and if you recommend anything I should request to be put in the commitment before signing off.
Essentially do you think that there is any risk when you are just transferring a mortgage to get a better rate or is it pretty safe and standard?
I was quoted $400 by a lawyer to take a look at the contract but I would prefer to save that money for some fun.
Essentially do you think that there is any risk when you are just transferring a mortgage to get a better rate or is it pretty safe and standard?
I was quoted $400 by a lawyer to take a look at the contract but I would prefer to save that money for some fun.
