Job loss - Should I apply for reamortization?

Renew/Refinance/Port

As the title says, my wife lost her job recently, would a reamortized mortgage help much with monthly expenses, or would the fact that household income is down work against us when talking to the lender? For reference we're 2.5 years into a 5 year term/25 year mortage.

Thanks!

Posted Jan 29, 2025, 1:33 AM UTC

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