tag:blogger.com,1999:blog-8236224.post6588047645717090891..comments2023-09-21T06:57:37.037-03:00Comments on BeachLime Bermuda: Mortgages and why I hate Bermuda banksTryanglehttp://www.blogger.com/profile/03505340710195129202noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8236224.post-55655211543726298302014-03-13T07:49:52.889-03:002014-03-13T07:49:52.889-03:00100% agree.
I was in a similar situation. I only...100% agree.<br /><br />I was in a similar situation. I only owe ~30% of the residence value and was told I wouldn't be able to go on interest-only until I had been in default several months. Because my mortgage was an automatic debit from my account I'd have to let my bank account go to zero for several months before going interest only.<br /><br />Basically they wanted me to be starving before they'd negotiate.Anonymousnoreply@blogger.com