Why you NEED to Switch your Fixed-Rate Mortgage to a Collateral Charge

Do you currently have a fixed-rate mortgage on your home? In this podcast, I will talk all about why this is the opposite of what you want, and why you NEED to consider a collateral charge instead.

I will break down what a collateral charge is, how mortgages work in Canada, and what you need to say at the bank to make sure that YOU are the one who is benefitting from you mortgage, and NOT the banks.

I will tell you what you need to ask for depending on what bank you have your mortgage with: Scotia Bank, RBC, BMO, CIBC, or TD.

Let's put the financial power back in your court, so that you can get the most out of your lending products.

Make sure to give this podcast a 5-star rating if you found it helpful, and follow me so you don't miss any upcoming episodes!

All the best!!

Cheers,

C