A guide for mortgage virgins...

Real Estate Sales Representative with for real estate results in the Tri-Cities.

A mortgage is a loan used to buy a property. As with all loans, how much interest you pay depends on several factors. This link will introduce you to What is a mortgage? 

For advice on mortgages, the video, "A guide for mortgage virgins" offers invaluable tips. Watch and listen to Doug Melville, Canada's Ombudsman for Banking Services and Investments tell you what you need to know before you sign on the dotted line.

He will introduce:

1. Terms of payments

2. Type of rate

3. Privileges and penalties

4. What if you move

5. Mortgage insurance

You have many different choices, and each lender promotes their products in a different way. You can learn more here about What choices do I have when I shop for a mortgage? 

If you're looking for a reputable Mortgage Broker in the Metro Vancouver area let me help you. BTW, I do not accept referral fees for referring clients to a Mortgage Broker.

John in Port Moody

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DISCLAIMER: John Grasty disclaims liability for any damages or losses, direct or indirect that may result from use of or reliance on, information and opinions contained in this website or blog posts, or for accuracy of comments and opinions of visitors. Always seek the qualified advice of a professional.


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Baqir Raza

Great https://investingmentors.blogspot.com/2018/12/how-investing-helps-economy.html

Dec 20, 2018 01:55 AM #1
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John Grasty

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