Hybrid or combination mortgage. Portable mortgages. Interest rate differential (IRD). Blend and extend. Assumable mortgage. Lots to learn in this long and well explained list of common mortgage expressions.
Colin S Ritchie goal was to provide a glossary or cheatsheet you can use when learning how to speak mortgage in order to guide you towards making the most informed decision possible about the best mortgage for you and yours. Read it here ➡️ canadianmoneysaver.ca/blog/fine-prin…