How easy is it to get approved for a mortgage refinancing at a bank?
The ease of getting approved for a mortgage refinancing at a bank depends on several factors, including your credit score, income, and debt-to-income ratio. Banks typically have strict lending criteria, and they will assess your financial stability and ability to repay the loan. Having a good credit history, a steady income, and a low debt-to-income ratio can increase your chances of approval. When you work with our Mortgage Brokers you can get access to a wider range of lenders and increase the likelihood of finding a suitable refinancing option.