10/30/2026
First-Time Home Buyers in the GTA! 🏡 Don't fall for the "lowest rate" trap without checking this one detail! 🛑
When buying a home, the Prepayment Privilege in your contract determines how fast you can pay off your mortgage without facing big bank penalties!
Standard privileges let you:
Pay off up to 15%–20% of your principal balance in lump sums each year.
Increase your monthly payments anytime to pay off your home years early!
A cheap rate with no prepayment flexibility could end up costing you thousands extra in penalties down the road.
Have questions about your pre-approval? Drop a comment or send us a message!
📞 Call/Text Sandeep Agarwal: (647) 986-7271
📧 Email: [email protected]
🌐 Visit: www.solidmaxfinancial.com