The Right Mortgage (TM) is a Mortgage Alliance brand that allows borrowers to design their mortgage with the features they need. When you remove features you don’t need, you save money.
For example, most banks offer a standard mortgage prepayment allowance 15%. That means you can pay your mortgage down by up to 15% every year, if you have the money. Studies show that less than 20% of borrowers actually use this feature, so what’s the point of having it?
With the Right Mortgage you choose the features you need, including prepayment allowance that suits you.
Do you have clients that like the security that is offered by a long term fixed rate mortgage ? The Right Mortgage currently has very competitive 3 and 5-year fixed term rates.
Contact me for help designing the Right Mortgage for you!
David Grossman MBA
Mortgage Alliance Mortgage Loans Canada Inc.
Tel: 416 876 2031
Fax: 416 987 5631
