Low Mortgage Rate Trap

 The majority of Deeply Discounted Online Mortgage Rates (including this site) have one or more of the following restrictions:

  • Fully Closed Mortgage.
  • Minimum Mortgage threshold.
  • “Must close by certain date” offers.
  • Rates only offered in certain areas.
  • High Prepayment Penalties.
  • Low Prepayment Privileges.
  • Registered as Collateral Charge.
  • High Ratio Only.
  • Plus more.

Before you decide on one of these low mortgage rate products, chat with us first to see if it makes sense for your particular situation.