Tag Archives: Commercial Mortgage Brokers Vancouver

The First Home Savings Account allows first-time buyers to save around $40,000 tax-free for the purchase. Bridge Mortgages provide short-term financing for property investors while longer arrangements get arranged. Lengthy extended amortizations of 30-35 years reduce monthly costs but increase interest paid substantially. Mortgage Broker Vancouver interest compounding means interest …

Switching coming from a variable to a fixed interest rate mortgage upon renewal will not trigger early repayment charges. Low Rate Closed Mortgage Retention versus prepayment freedom favors stability carrying known consistent payments without penalties should cash flows remain unchanged not requiring flexibility. Switching lenders or porting mortgages is capable …