View Single Post
  #11  
Old 11.09.2019, 15:06
Horatio Gonzales's Avatar
Horatio Gonzales Horatio Gonzales is offline
Senior Member
 
Join Date: Feb 2014
Location: Luzern
Posts: 474
Groaned at 4 Times in 4 Posts
Thanked 149 Times in 91 Posts
Horatio Gonzales is considered knowledgeableHoratio Gonzales is considered knowledgeableHoratio Gonzales is considered knowledgeable
Re: Mortgage question. First tranche expires

https://www.ubs.com/ch/en/swissbank/...hing-bank.html

From UBS page encouraging switching to them:

"I have several fixed-rate mortgages with different maturities. Can I still switch them?
Yes, this is possible. Since the mortgage notes acting as collateral are often not tied to individual mortgage tranches, they can either be released early to the repaying bank in exchange for a promise to pay, or divided up, which will result in certain costs (generally borne by the client).
We will be happy to support you when you repay your mortgage and switch to UBS."

I assume this would work the same way in reverse.
Reply With Quote