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Updated over 8 years ago on .

User Stats

8
Posts
1
Votes
Akram A.
  • Vancouver, British Columbia
1
Votes |
8
Posts

collateral mortgage good or bad?

Akram A.
  • Vancouver, British Columbia
Posted

Hi All,

I just got approved for collateral mortgage through TD with a good interest rate. Is collateral mortgage good or bad? I understand about the potential headache of switching lenders at the end of the term, but other than that is there anything else I should be concerned about?