Do You Feel Trapped?
High interest rates and penalties can really make you feel trapped!

Mortgages are meant to be broken; breaking them is what releases all the savings. We have been breaking mortgages for years and have no doubt that we can break your mortgage more cheaply and efficiently that any firm you are currently speaking too. Many people feel that speaking really nicely to their Bank will lower their mortgage penalty or reduce the interest rate on their existing mortgage. Although you may see a slight reduction in your interest rate these negotiations never benefit the consumer. Banks are designed to make money for themselves first and keep you happy second. Working with a good Mortgage Broker will show you the pitfalls to avoid when trying to break your mortgage. Knowing your Banks bottom line when negotiating is extremely valuable, and that is what we are here for.

The calculator below can calculate the penalty to break your current mortgage and the savings associated with paying that penalty and switching to a new mortgage.

The results can be a bit confusing so if you want to speak to someone just use the live chat feature on our site of give us a call.
 

 

Morcan Direct
83 Navy Wharf Court
Toronto, ON, M5V 3S2
(416) 766-9000