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Is Novation (mortgage transfer) possible at Countrywide?

Posted on: 26th Feb, 2009 01:43 am
if anyone here works for countrywide, can i please ask you a confidential question? i need to transfer a mortgage through novation, is that possible with countrywide?

countrywide has been really great with me and so far it has never failed provide me with the service i needed! i really like them and i have faith that they will work with me again. but is novation possible?
hi aribiross

as far as i know, lenders prefer refinance over novation. if you want to go for a novation, you need to speak to the lender and negotiate with him. if he agrees to it, then you can go for novation.

thanks.
Posted on: 26th Feb, 2009 02:38 am
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