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Get A Good Rate On Your Ontario Mortgage

This is a discussion on Get A Good Rate On Your Ontario Mortgage within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; You can get a really great interest rate on your Ontario Mortgage . Just be sure that you enlist the ...


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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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Old 10-02-2008, 02:36 PM
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You can get a really great interest rate on your Ontario Mortgage. Just be sure that you enlist the services of a reputable mortgage broker to assist you in the whole process, easing the transition for you. ...

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