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:
Always talk to a mortgage broker before buying, or renewing or refinancing your mortgage
Mark Herman; Top Calgary, Alberta Mortgage Broker
4 Comments
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I know this if off topic but I’m looking into starting my own weblog Any tips or advice would be greatly appreciated. Kudos
Do you come to your clients home to gather details and start the process?
Hi David:
I just saw this comment now. Probably a bit late hey! Please call if it is not too late.403-681-4376
good blog