How does a mortgage work? (what you MUST know to buy a home)

Homebuyer's School

Contenu fourni par Brookfield Residential. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Brookfield Residential ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.

4+ y ago 9:26

MP3•Maison d'episode

In this episode of Homebuyer's School, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss how a mortgage actually works and all the elements involved when borrowing to buy a home. We explore what a lien is, what happens if you can't pay off your mortgage and mortgage portability. Finally, we talk about the types of mortgage penalties and how to avoid them.

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/how-does-a-mortgage-work-in-canada

We discuss the following items:

How a mortgage works
What's a lien?
What happens if you can't afford your mortgage?
Can you transfer your mortgage if you buy a new home?
Mortgage penalties

Have any questions or show topic suggestions? Contact us:

Email:

support@homebuyersschool.ca

Web: homebuyersschool.ca

109 episodes

#Trading #Business #Buyingahome #Buyinganewhome #Buyingmyfirsthome #Downpayment #Homepurchase #Mortgage #Mortgagepreapproval #Sellinghomes #Sellingmyhome #Brookfield Residential #Firsttimehomebuyer #Homebuyers