Blog 21 Feb 2023 Porting a Mortgage – Do you still need a down payment? If you’re like most homeowners, you purchased your home, make your mortgage payments and the rest is history. However, many homeowners tend to overlook the various benefits or “mortgage features” that come with their mortgage,… nkad3 No Comments
Blog 14 Feb 2023 Penalty for Breaking Mortgage: How Much Does It Cost to End a Mortgage Early? There are two types of mortgages – Open vs. closed. Most homeowners obtain closed mortgages when they expect to own the home for a longer period. These mortgages offer lower rates as compared to Open… nkad3 No Comments
Blog 07 Feb 2023 Penalty For Breaking a Mortgage: How Much Does It Cost to Break a Mortgage? In Canada, financial institutions offer many types of mortgages, including closed and open-term mortgages. While open-term mortgages allow flexibility to borrowers to exit without penalty (only per diem interest payable), most borrowers in Canada have… nkad3 No Comments