Mortgages
A mortgage is a loan that is designed to help you purchase a home or other property. Deciding to get a mortgage is probably the biggest financial decision you will ever make. Before you get a mortgage or change or renew one, it is important to do some research and be informed in order to get the mortgage that best suits your needs.
As you look for a mortgage, make sure the payments will fit comfortably within your budget. If you can't make the payments, you may lose your home.
All about mortgages
- Mortgages 101: Buying Your First Home
find out what you should know before buying your first home. - Renewing Your Mortgage
be prepared by knowing your options. - Renegotiating Your Mortgage Agreement
look at costs and benefits before breaking your contract. - Paying Off Your Mortgage Faster
learn about ways you can be mortgage-free faster. - Borrowing On Home Equity
look at the options for using the equity in your home to borrow money. - Understanding Reverse Mortgages
weigh the advantages and disadvantages. - Mortgages: Your Rights and Responsibilities
get informed before signing the agreement.
Related Resources
- Mortgage Qualifier Tool
Find out if you qualify for a mortgage for the property you want. - Mortgage Calculator Tool
Look at your payment options to see when you can be mortgage-free. - Budget Calculator
Plan your budget to help achieve your financial goals. - Mortgage Quiz
Test your mortgage knowledge.
- How will my penalty be calculated if I break my mortgage before the end of my current term, so I can take advantage of lower interest rates?
- Can my financial institution make me take out insurance when I apply for a loan or a mortgage?
- Can my financial institution refuse to provide me with a copy of my mortgage appraisal, even though I've paid for it?
- What's the difference between coercive tied selling and beneficial tied selling?
- How does the amortization period affect the cost of my mortgage?
- Can I refuse to provide my financial institution with information about my income when I renew or apply for a mortgage?
- What happens to my mortgage life insurance when I renew my mortgage?
- What is a reverse mortgage?
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