Quote:
Originally Posted by Leondros
Those 1 year and 2 year fixed can't be right...
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Some lenders will make it really clear that certain products they don't want to offer, but will still do so at exorbitant rates if you are stupid enough to go for it.
I've had a lender outright refuse to take my mortgage on a rental and quoted a 5 year rate at 3-4% higher versus market, even when I had my primary mortgage with them. Needless to say I moved my primary mortgage as well as soon as it was time to renew it.