morgage
poppy asked:


my morgage is interest only but the rate has nearly doubled…i need to convince the bank to lower the price

RODRICK

Comments

2 Responses to “how do i convince my spanish morgage lender to make the payments lower?”

  1. Kelly W on August 25th, 2009 7:08 am

    Contact the bank Manager and see if they can help, otherwise I would shop around for another home mortage the interest rates are low so go for it. Best Wishes and God Bless.

  2. Landlord on August 25th, 2009 8:22 pm

    You signed a contract, you need to go by whatever you agreed to in the first place. The language spoken by the lender has no bearing on the legal contract.

    In order for a new interest rate to be reassigned you need a new contract, ie, you have to refinance the property.

Leave a Reply