Canadian Mortgage Basics - Mortgage 101

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In this video we discuss the basics of mortgages in Canada. We discuss what a mortgage is, how much you need for a downpayment, different types of mortgage rates, variable vs fixed mortgages, the difference between amortization and term, and whether you should go to a bank or a mortgage broker to get your mortgage.
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Glen Hopkins
Personal Real Estate Corporation
Macdonald Realty
604-612-5164
[email protected]
https://glenhopkins.com

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DISCLAIMER: The opinions expressed herein are solely that of Glen Hopkins Personal Real Estate Corporation, not Macdonald Realty or the Fraser Valley Real Estate Board, and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Always be sure to consult your professional advisor before taking action on any decisions relating to the matters discussed in this video or any other videos created by Glen Hopkins. This communication is not intended to cause or induce a breach of an existing agency agreement.

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