New Why Collateral Mortgages are NOT Cute and Cuddly / Mortgage TIPS & ADVICE

Collateral Mortgages are slightly different compared to a Conventional Mortgage. You should understand those differences so you don’t lock into a mortgage product that does not suit you. It is important to understand what mortgage product you are buying. What are the advantages and disadvantages of your mortgage? Always ask good questions when getting a mortgages.

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Why work with a mortgage broker… When a mortgage broker receives a mortgage application from you the mortgage broker will shop around to their various lenders to see which lender will give you the best interest rates, conditions, and terms. In essence, working for you to get the best mortgage.

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Disclaimer: The Information in this video is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy or completeness. Any advice or statements do not represent any firm or financial institute that the speaker provides services for, or any carriers the speaker sells products for. You watch with the understanding that the speaker in this video is not engaged in rendering legal, financial, accounting, or other professional services or advice by speaking in this video. Each individual situation is unique. Thus, if legal, accounting, or financial advice or other expert assistance is required in a specific situation, the services of a competent professional should be sought to ensure that the situation has been evaluated carefully and appropriately. The speaker or author of any comments disclaims any liability, loss, or risk resulting directly or indirectly, from the use or application of the contents of this video.


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  1. Gaurav Sharma

    Hi Mark
    Thanks for the video
    My broker smartly presented this big bank collateral mortgage without informing me. Please can you confirm if it is expensive to exit a variable collateral charge mortgage also ?


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