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Secrets to Mortgage Savings - Part 2

Ottawa Mortgage Broker Frank Napolitano returns to speak to Leanne Cusack about rental properties, credit, and how to pay your mortgage off faster, in part 2 of his series on mortgage savings.

Published

Click here for the full video from CTV.

Whether you're applying for your first mortgage, or looking to purchase a second property to rent out, this segment is for you. Mortgage Broker Frank Napolitano once again sits with Leanne Cusack to talk mortgages.

In part 2 of this series on mortgage savings, Frank advises viewers on the best way to save money on their largest purchase - their mortgage. By simply making the switch from monthly payments to bi-weekly, you can pay your mortgage off faster, potentially saving thousands of dollars of interest over the full term of the mortgage.

In this segment, Frank and Leanne also discuss credit reports. A client's credit report is the first thing a lender will look at when deciding to approve or decline a mortgage, so potential home-owners have to be more credit conscious than ever.

For more information and mortgage advice, talk to your Ottawa Mortgage Broker.