Real Estate Investing 101: Mortgage Terms You Need To Know
Автор: BLD Financial
Загружено: 2024-10-31
Просмотров: 126
Описание:
Ever felt lost when your mortgage broker starts throwing around terms like CMB, COI, LOI, prime rate and overnight lending rate? Fear not!
In today's video, top Canadian mortgage experts Josh Findlay & Ehren Laycock unravel the mysteries of Canadian Mortgage terms!
Did you enjoy and get value from this video? Let us know your thoughts and if you got any value from this discussion in the comment section below!
Follow & Connect with Josh & Ehren:
Instagram - / bldfinancial
Facebook - / bldfinancial
YouTube - @bldfinancial
DLC National License: 12360
0:00 - Introduction
0:37 - Understanding Canadian Mortgage Terms
1:03 - CMB | Canadian Mortgage Bond
2:14 - Overnight Lending Rate
3:26 - Prime Rate
5:11 - Variable Rate Mortgage
6:38 - Fixed Rate Mortgage
7:31 - COI | Certificate of Insurance
8:45 - LOI | Letter Of Intent
9:57 - Wrap up
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#CanadianRealEstate #MortgageTerms #realestatefinancing
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