Updated almost 8 years ago on . Most recent reply
Refi now and again in 6 months
Hi,
I have a client who is going through a divorce. His ex wife lives in their marital home and wants to refinance the home right now because she can't afford the mortgage. He wants to wait 6 months so that he can buy her out. Just wondering if you guys think a bank would be willing to refi now and then again in 6 months? Because I don't think that idea tracks. They should just wait 6 months so he can buy her out. Right? Or am I just being overzealous for my client? Any thoughts? I'm not a mortgage broker, and I'm a fairly new to real estate so any feedback would be greatly appreciated.