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Updated over 5 years ago on . Most recent reply

User Stats

35
Posts
14
Votes
Andrew Cox
  • Investor
  • Toronto, ON
14
Votes |
35
Posts

Rental property refinance taking forever.

Andrew Cox
  • Investor
  • Toronto, ON
Posted

I'm doing my first refinance and it has been over 3 months and still not come through. I'm using a broker (Invis) that was recommended to me which I had used for a purchase previously and funding went through in weeks. I'm wondering if this long time frame is normal for refinance or if my broker is not doing their job. Does anyone have experience with really time long frames on a refi? My DTI is within lending limits. I appreciate any and all input.

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