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For me as well, though it wouldn’t have retained me either way.

Just thought I would give a quick update. Our mortgage was approved last night thanks to the individuals and organizations below. I have learned a lot through this process and now realize that the organizations that assist releasing members are truly there to help. Yes, there may be loopholes...

I agree 100% with our comments on the mortgage institution.  We have not spoken with any other banks as we were focusing on porting our mortgage to keep the same rate and terms we currently have. We have reached out to a broker in case the port falls through but were restricted by time...which...

I have not and to be honest, I am not sure that is the correct route at this point. I seem to have fallen into the 'swiss cheese model' of 3b releasing\relocating and I am wondering if this has ever been encountered before. If it hasn't I think it would be unfair to go public as in my opinion...

Well the worst case scenario has happened and we lost the house....we still don't have a solid yes or no from the financial institution and our deadline was yesterday at 4. We are trying one last hail mary but the sellers have lost their patience and I don't blame them. So as of now, we have a...

I appreciate it. I have done all I can at this point and to be honest, my mortgage company does share some of the blame in the way they have dealt with this. After a whirlwind day, the mortgage is going to be a solid yes or no in just over an hour. There will be no option to prove income by the...

Many med released members are able to secure a mortgage before they get out by 'leaving out' the portion that they are being released during their application. Unfortunately, having a home trumps honesty and I wish I'd done the same. I was thought I was being financially smart by keeping our low...

Just a quick update. After some convincing from VAC to the mortgage company, my mortgage has been conditionally approved but I still need to prove income by the closing date, which I am still unable to do, due to the way the system is set up and the expected timeline to calculate everything...

I will be taking Riflemans advise and making a call this morning. I doubt I would actually go through with going public though. I was point on a high profile incident with the military that made international news a few years ago(in a good way  ;D). I am sure a reporter would jump on the chance...

Thanks for the advise and the info. I am speaking to a broker today.

I contacted a broker last night after my current lender informed me(last minute) that  I would be denied without a confirmation of dollar amount so we will see where that goes through it will be too late for this house. We felt like we had hit the jackpot with this house. It sure is a seller's...

We are moving to Gatineau. Ideally, we would like to find a short-term rental as we would like to get into a mortgage as soon as possible once someone will confirm my income. We also have two dogs. I know beggars can't be choosers but my wife will be destroyed if we have to get rid of them.

I never considered this and will give it a try. At this point, there is no getting around the mortgage deal collapsing but if it helps anyone avoid this pitfall in the future then Im all for it. Thank for the feedback.

Ok, the title may be a bit dramatic but it isn't far off. I was just released 3b last week. At the same time we are in the middle of trying to purchase a house at our 'retirement' destination. My wife has secured a job in the public service(starting in Sep) and my son is attending university...