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Avoiding the Collateral Mortgage Scheme

Avoiding the Collateral Mortgage Scheme

5 Mortgage Lessons Everyone Should Know Before Signing Lesson 5: Avoiding the Collateral Mortgage Scheme Greg Williamson, Founder 22 March 2016 Understanding the difference between a collateral charge and mortgage charge… There are two ways a mortgage lender...
Why It’s Essential to Know Your Mortgage Penalty

Why It’s Essential to Know Your Mortgage Penalty

5 Mortgage Lessons Everyone Should Know Before Signing Lesson 3: Why It’s Essential to Know Your Mortgage Penalty Greg Williamson, Founder 22 March 2016 Not all mortgage penalties are calculated the same way… Most of the banks base the penalty on the posted rate...
Understanding The “Posted Rate” Myth

Understanding The “Posted Rate” Myth

5 Mortgage Lessons Everyone Should Know Before Signing Lesson 2: Understanding the “Posted Rate” Myth Greg Williamson, Founder 22 March 2016 The posted rate is the mortgage rate banks advertise openly… Although it’s completely negotiable (they hardly ever show...
How Shopping for a Low Rate Can Hurt You

How Shopping for a Low Rate Can Hurt You

5 Mortgage Lessons Everyone Should Know Before Signing Lesson 1: How Shopping for a Low Interest Rate Can Hurt You Greg Williamson, Founder 22 March 2016 Rate is not everything, we’ll show you why A small change of .05% – .1% in interest rate will barely...