the WORST: Mortgages @ Big-6 Banks

This blog summarizes why getting a mortgage from 1 of the Big-6 banks is the worst idea:

• Rates are higher; ranging form .25% to .55% higher
• Terms & Conditions are no where near as good:
  • Collateral charges: http://markherman.ca/?s=collateral
  • payout penalties: http://markherman.ca/?s=payout+penalties

Here is the article that is fully correct:

Big Banks vs. Broker Lenders:

https://www.huffingtonpost.ca/justin-thouin/mortgage-rates-big-banks-small-lenders_a_23662938/?ncid=fcbklnkcahpmg00000001&ec_carp=2134708585009717321&ec_carp=2154161423063642695

Always talk to a mortgage broker before buying, or renewing or refinancing your mortgage

Mark Herman; Top Calgary, Alberta Mortgage Broker