Sanjiv Handa Mortgage Agent

06/12/2025

01/11/2024

The purpose of this strategy is to offer borrowers the opportunity to obtain a more attractive interest rate without necessarily refinancing the entire loan or incurring substantial penalty fees associated with early repayment.

12/23/2023

Biweekly mortgage payments offer multiple benefits: quicker loan repayment through an extra annual payment, reducing the principal faster; lower interest payments due to more frequent principal reduction; faster equity build-up; easier payment management with aligning to pay periods; and significant savings on total interest by shortening the loan term

12/23/2023

A stress test is a financial assessment conducted to gauge how well a borrower can handle potential future increases in interest rates. It involves simulating a scenario where interest rates rise significantly, impacting the borrower's ability to repay a mortgage.