Mortgage Brokers Second Mortgage in Toronto - Why And How | Page 4

SECOND MORTGAGE IN TORONTO:
CRUCIAL FACTORS TO CONSIDER
• Get as many options as possible
• Do not settle for just 2 or 3 lender options, get as many as you can.
This can give you the opportunity to compare rates, charges and
the like. You can go from one lender to another, or you can ask a
mortgage broker to collect all the information you need to know.
This will give you the opportunity to get the best available second
mortgage in Toronto.
• Ask question
• Whether you plan to go to lenders yourself or hire a mortgage
broker, it is necessary that you ask as many questions as possible.
Rates, early payoff, late fees and the like are factors you need to
clarify. Never sign a contract unless everything is clear and
agreeable to you.