Don't Forget To Check The Early Payout Penalty
Gigantic Penalty To Break Your Mortgage
This is what I warn my clients about all the time. Rate means nothing if you are going to pay a gigantic penalty to break your mortgage.
When you purchase or refinance your home, the total "Cost of your Mortgage" is what really matters, and that does not only mean the rate you get. Give me a call to discuss 604 230-9392.
News article below: http://www.cbc.ca/news/canada/edmonton/td-bank-client-devastated-by-17-000-mortgage-penalty-1.2790108
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