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Q: If you had an endowment mortgage and surrendered it but kept the life insurances going and it has now matured can you cash it in?
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You did not indicate what the percentage of equity you have in your home or the reason you need to refinance or is this a renewal of an existing mortgage that has matured? As a former banker and mortgage broker my experience is that an "undischarged" bankrupt will find it very difficult, if not impossible, in today's lending environment to obtain mortgage financing other than from a private lender with hefty rates and fees. You may wish to visit www.debtcoach.ca for additional assistance.


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