things
to
note
» You will be assessed the
greater of the two penalties.
» You should always call your
lender directly to get the
penalty amount. Do not rely
on online calculators.
» You can avoid the penalty by
porting the current mortgage
if you are moving or waiting
until the end of the term.
» A variable-rate mortgage
is usually accompanied by
only the three-month interest
penalty.
DoMinion LEnDing CEntRES OUR HOUSE SUMMER 2017
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