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  • Profile photo of mitchperthmitchperth
    Member
    @mitchperth
    Join Date: 2010
    Post Count: 4
    May 31, 2010 - 10:46 pm

    The house is going on the market in 1-2 months any way….So do i wait and take up a hole new mortgage with my new lender when my house has sold, or  refinance  now and take out the extra with my new lender?

    All i keep hearing from my new lender is to sell up and take out the new loan and not refinance first just wondering why he is sujjesting that?

    Profile photo of mitchperthmitchperth
    Member
    @mitchperth
    Join Date: 2010
    Post Count: 4
    May 31, 2010 - 8:26 am

    Hi there, sorry i had forgot that i had posted this…..I have re-read my first post.. I am bascially going to upgrade so am looking to refinance out of AMS CRAP which will be $4,000 break out fee and then go with one of the big 4 which are prepared to lend me around 80k more to buy a larger place…..So should i refinance first then borrow the money off my new lender or sell up pay AMS off the apply for a hole new loan with this new lender?

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