The goal is to explain in simple terms how mortgage penalties work. Once you know how they work, you are better equipped to make sounder mortgage related decisions. Clients and Mortgage Professionals are not spending the time to properly discuss a mortgage plan which should include a mortgage exit plan. Those that do, save a crazy amount of money. Penalties these days can be between 15k – 30k and even higher for clients who don’t have a proper mortgage plan.
The dirty truth about mortgage penalties
