Breaking a mortgage

When it comes to breaking your mortgage, not all banks have the same payout penalty calculations. As the video illustrates, there can be a huge difference between two lenders There is also a very good chance this is not even mentioned to you when you sign your mortgage. You really only see this calculation used by the big banks. None of my non-bank lenders have this calculation. This is just another detail that I take into consideration when I am placing your mortgage and another reason to have me as your Mortgage Broker.


Ryan Mollberg
Mortgage Broker
Mortgage Broker License # 315789
517 4th Ave N
Saskatoon, SK S7K 2M5

m: 306.261.0033
f: 1.800.925.9550