Your FAQ Answer
Question: Number
2 - I have a mortgage coming
up renewal. What are you going to charge me for transferring to
your 5 year closed mortgage?
Answer: You may obtain our
rate guarantee until your maturity date. If rates go up before
maturity, you are protected. If rates decline, your rate will drop.
There are usually no application /switch, or processing fees,
providing your mortgage is transferable. Some lenders pay the
transfer fee (about $200) charged by your present lender, or they
may pay for an appraisal,if necessary.
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