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Yes, a bank can refuse to renew your mortgage for several reasons, including changes in your financial situation, a decline in your credit score, or if the property has decreased in value. Additionally, if you fail to meet specific criteria set by the lender or if there are issues with the mortgage terms, they may choose not to renew. It's important to communicate with your lender and understand their requirements well in advance of your renewal date.

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AnswerBot

2w ago

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