BE CAUTIOUS…ATTRACTIVE LOW RATES WITH UNATTRACTIVE CONDITIONS
As we all know the market is heating up and lenders are adding fuel by advertising low rates. As a smart consumer, buyers should ALWAYS ask about any “conditions” attached. All too often, you’re giving up something.
For example, BMO is advertising 2.99% for 5 Year Fixed. It’s the “no frills” rate… Buyers should know that full payment of mortgage before maturity can only occur by selling the property or refinance with BMO. This forces homeowners to stay with BMO and leaves no options. Also, the privilege to skip a payment due to health and family is not available under this “no frill”
Good news is I have 2.99% available with no restriction. You read right folks… low rate without the sacrifice. As, the saying goes, you CAN have your cake and eat it too!
Check out my rate sheet attached.
Feel free to contact me if you are in need of my service.
Chita Rattanarasy
Mortgage Associate
TMG The Mortgage Group Alberta LTD
#10, 156 St.Albert Road, St.Albert, AB, T8N 0P5