Added on February 29, 2016  Jenni MacDonald

5 Questions You Need To Ask Your Mortgage Lender Before You Sign On The Dotted Line

5 Questions You Need To Ask Your Mortgage Lender Before You Sign On The Dotted Line

Credit to DLC online Blog Brian Mill Neighbourhood DLC, Port Elgin, Ontario 1. How are the penalties calculated if I have to break my mortgage early? Specifically, ask what rate they use to calculate the “interest rate differential”. Typically, if the lender has “posted rates” they use these to calculate the penalty. If this is […]

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