A guide for mortgage virgins...

By
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

Posted by

Real Estate Evolved button

Real Estate Evolved®


All content, including text, original art, photographs and images, is the exclusive property of John Grasty, and may not be used without expressed written permission. All information is deemed to be accurate at the time it is written but is not warranted and should not be relied upon. Copyright 2010. © John Grasty, ABR, SRES, Licensed Real Estate Representative, 778-878-0778

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.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
British Columbia Greater Vancouver
Groups:
Real Estate Risk Managment
Posts to Localism
Building Your Niche
Local Expert
The Lower Mainland, BC, A fantastic place to live and work!
Tags:
fixed rate
mortgage terms
shopping for a mortgage
rate change
portability
floating rate
what is a mortgage
vancouver mortgage provider

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Anonymous
Baqir Raza

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

Dec 20, 2018 01:55 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
179,668

John Grasty

Your Tri-cities REALTOR, neighbour and volunteer.
Feel free to ask me questions...
*
*
*
*
Spam prevention

Additional Information