There are many options to choose from when you get a mortgage, from the term (this is the length of time that the agreed-upon mortgage contract conditions, including interest rate, will be fixed. It can vary from six months to 10 years) to the amortization period (the length of time you have to repay the entire loan). For more information, talk to your financial institution, lender or broker.
It’s your Mortgage, your Insurance, on your Terms. We are here to educate you, and connect you with the right solutions. Contact us; we are ready to talk when you are!