Hey guys,
We have a lender that will cover the legal and appraisal fee in the case of a refinance. Mortgage needs to be between 200K-750K. As you might be aware, that is common practice when you are transferring/switching your mortgage but not many lenders will offer that in the case of a refinance.
This could come in handy if someone got into one of those collateral mortgage that can't be transferred and isn't interested in paying for legal fee.
Legal fees on refinance typically run from $800-$1000.
The rate is pretty good at 2.79% and it comes with 20% pre-payments.
PM or email me if you want to discuss or have any questions to see if it's worth paying the penalty to get a lower rate...and save on legal fees!
cheers, mat
_________________ Mathieu Fugere
Mortgage agent
Licence #M08005933
Office: 416.945.9123
Cell: 416.899.7847
Fax: 905.693.8657
mathieufugere@mortgageedge.ca
www.mortgageedge.ca
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