SAMARY MORTGAGES

  • An open mortgage provides the flexibility of being able to repay all or part of your mortgage at any time during the term without paying a prepayment charge/penalty
  • The interest rate is usually higher than on a closed mortgage with a comparable term length; this is because it allows more flexibility to put extra money toward your mortgage on top of your regular payments
  • Contact Samary, your trusted mortgage agent for a detailed insight