Financial Consumer Agency of Canada
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The ABCs of Mortgages


Your rights

Do's

  • Do know your rights.

  • Do keep in mind that all federally regulated financial institutions must specify in your mortgage contract the nature and the amount of all interest and non-interest charges.


Don'ts

  • Don't forget that federally regulated financial institutions must provide you with specific information before you sign a mortgage contract.

  • Don't forget that a federally regulated institution cannot apply undue pressure on you to buy another product as a condition for accepting your mortgage application.

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Protecting Consumers / Informing Canadians