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Divorce/separation

Here you'll find divorce help and support from other Mners. For legal advice, you may find Advice Now guides useful.

Mortgage while getting divorced

1 reply

amandawhite · 06/01/2016 05:54

My friend is getting divorced and procedures are going on. They have a mortgage around 40k to pay off and it is 3 year fixed. She wants to sell the house. I suppose they could sell even with the fix . Should she use her LOC to save penalties and to have the freedom to sell now. Their mortgage is with Northwood Mortgage and it is up for renewal.

OP posts:
TheTigerIsOut · 06/01/2016 05:59

I don't know what the LOC IS, but if the mortgage is up for renewal, surely there should be no penalties any more?

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