Help when your lender drops the ballAccording to Infochoice, the average mortgage comes to an abrupt end between 20 months and 7 years. This is why some lenders penalise you if you end your mortgage in less than 5 years. It helps keeps you trapped when they change the rules, their service or their interest rates. Sadly, even some of the better mortgage lenders have introduced these penalties However we don't think you should be punished when your lender lets you down. That's why when it happens to our customers we do the legwork to refinance to a better lender and cover up to $2,000 in refinance costs. |
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