Can't get mortgage after contract break

[NorthWestPerm2Contr]

Why not?

You only live once.

I agree but if you are a lender you will view that as being problematic since it is more difficult to get a contract after such a break........

[SueEllen]

I agree but if you are a lender you will view that as being problematic since it is more difficult to get a contract after such a break........

Not necessarily. Remember not everyone on here has the same skill set.

[NorthWestPerm2Contr]

Not necessarily. Remember not everyone on here has the same skill set.

Most lenders will not go into that much detail, understandably.

[Hobosapien]

If the mortgage provider is willing to accept current contract rate to base their lending criteria on, and no contract is worth more than the notice period, why does it matter what happened prior to the current contract in terms of gaps on CV?

It would make sense if not in current contract after a significant time since previous contract but if currently in a contract it defies logic to me.