Post by m76 on Feb 2, 2024 7:35:45 GMT -5
I may have found a way out of my situation.
In Canada we have a program called spousal refinancing mortgage that allows one spouse to refinance the home at 95% value to buy out the other.
www.ontariolend.ca/mortgages/spousal-buyout/
My mortgage payments would double but would still be cheaper then renting and I'd be able to stay in the home with my son while he finishes school. When he's done I could then sell and downsize.
In Canada we have a program called spousal refinancing mortgage that allows one spouse to refinance the home at 95% value to buy out the other.
www.ontariolend.ca/mortgages/spousal-buyout/
My mortgage payments would double but would still be cheaper then renting and I'd be able to stay in the home with my son while he finishes school. When he's done I could then sell and downsize.
