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Do you understand the exit fee’s in your mortgage?

General Angela Calla 12 May

Another woeful tale about big bank mtg penalties  Borrower beware. Understand the penalty clauses in your mortgage contract

You can get a low mortgage rate by signing up for a five-year term. But you could be penalized for an early exit if your plans change.

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The Angela Calla Mortgage Team looks to place your mortgage with the major banks only of you do not qualify for a lender that has lower exit fee’s. Morgtages are about the interest paid, not the interest rate.

Contact The Angela Calla Mortgage Team 604-802-3983 or callateam@dominionlending.ca to get the best mortgage option for you