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Canada Mortgage Loan Agreement Form

Canada Mortgage Loan Agreement Form

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Video instructions and help with filling out and completing Canada Mortgage Loan Agreement Form

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Instructions and help about group mortgage client agreement

Hello everyone my name is Kevin Carlson, I'm a mortgage broker here in Canada. Thank you so much for joining me on my channel today to learn a little bit more about mortgage financing.   Today I'm going to be going over mortgage financing 101, going back to the basics of exactly what a mortgage is and kind of the ins and outs of the  different types of mortgages that there are. If you've ever had just a standard loan like a student loan or car loan, you know that those loans   are set up as like a term so the terms  can be anywhere between say 3 years, 5 and sometimes even 7 years to pay the life of the loan off. The payments are set up as such that   there will be a zero balance at the end of the term. Now mortgages really aren't set up that way, initially.   When you go to purchase a home if you  were to set up mortgage up for a term of only 5 maybe 7 years and your mortgage is over 2 or  3 hundred thousand dollars, well the   payments might be a bit excessive. So

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