Some mortgages lock U up, even at maturity - does yours?

When it comes to mortgages, there are two charges that a bank can apply to your land title. This episode explains the key differences between a standard and collateral charge mortgage.Key points:standard charge mortgages are the most common chargescollateral charges are re-advancable and non-transferrablebe cautious about taking the path of least resistance when it comes time to renew your mortgage. It may be a little more work, but be sure to explore ALL of your options (with a Mortgage Broker!)MarkoMusic tracks: (produced and performed my Marko)the opening track features a piece called "Collateralization" (distorted harmonizing guitars with a slow punk drum groove in a 1-4-5 chord progression)the closing track is a song from a band that Marko played in (1990-99ish), Sleeping Lorry. Song is called, "Go".Sleeping Lorry: Joseph Vulic (guitar-vocals), Marko Gelo (lead guitar-mandolin-back vocals), Darko Kulas (bass guitar), Robert Vulic (drums)Contact Marko, he's a Mortgage Broker:604-800-9593 direct Vancouver403-606-3751 direct Calgarymarkogelo.comFacebook@markogelo (Twitter)MarkoMusic (SoundCloud Account)...all podcast music tracks are performed and produced by MarkoClick Here to download Marko's Mortgage App (information, rates, calculators, etc) Hosted on Acast. See acast.com/privacy for more information.