logo
  • HOME
  • OUR SERVICES
    • Buying a Home
    • Equity Financing
    • Mortgage Renewals:
      Switch or Refinance
    • Second Mortgage
    • Turned Down?
  • OUR COMPANY
    • ABOUT US
    • CONTACT US
    • Mortgage Planners
    • Lenders & Associations
    • Community Involvement
    • Preferred Partners
  • YOUR LEARNING CENTRE
    • Blog
      • Dara Fahy
      • Karen Boies
      • Ralna Burridge
      • Rowan Smith
      • Shaun Zipursky
      • Wayne Mah
      • Wesley Fong
    • Audio & Video
    • Downloadable Forms
    • Calculators
    • Glossary of Terms
    • Lenders & Brokers Fees
    • Why Use a Broker?
    • Testimonials
    • FAQs
    • Links
  • CONTACT US
  • ABOUT US
  • LOGIN

  • Rates

    effective February 1, 2023

    Term Bank Rate Our Rate
    1 Year 6.09 % 5.19 %
    2 Year 5.79 % 5.19 %
    3 Year 5.78 % 4.89 %
    4 Year 6.09 % 4.79 %
    5 Year 6.34 % 4.64 %
    7 Year 6.60 % 5.54 %
    10 Year 6.85 % 5.29 %
  • Mortgage Planners

    contact now

    We encourage you to contact one of our Mortgage Planners to discuss your individual mortgage needs.
    More
  • Mortgage Application

    apply today

    Select one of our mortgage planners and click Apply Now to complete a quick and easy online mortgage application.
    Apply Now
    • You are here:
    • Home
    •  
    • What is a Collateral Charge Mortgage? (With Video!) From our very own Ryan Zupan
    • 16OCT
      0 Comments
      What is a Collateral Charge Mortgage? (With Video!) From our very own Ryan Zupan

      What is a Collateral Charge Mortgage? (With Video!) From our very own Ryan Zupan

      What is a Collateral Charge Mortgage? I’ve wanted to do a video on this for some time, as I keep running into clients who are coming up to the end of their mortgage term, can save money by changing banks only to realize that they can’t actually leave without it costing them money.  So we’re

      • Posted by Editor
      • Basic Mortgage Info
      • Educational
      • First Time Home Buyer
      • First-Time Buyers
      • Uncategorized
      More
    • 03NOV
      0 Comments

      Collateral Charges – Another Lender Gets On Board

      Transcript of Video: Hi, everybody. Rowan Smith with the Mortgage Centre. I want to talk today about a change that was announced that’s been swept under the radar, and that’s that TD Bank has announced their mortgages will now be a collateral charge. Now what a collateral charge is, it differs than a traditional mortgage

      • Posted by Rowan Smith
      • Market Commentary
      More

    Recent Company Posts

    • What time of year should you retire? 2022-10-05T08:01:31-07:00
    • 10 Must-Have Home Upgrades That Are Actually Worth It 2022-10-05T07:59:47-07:00
    • Will you make money on your rental property? 2022-10-05T07:58:35-07:00

    Editor

    info@citywidemortgage.ca
    T:

    Contact Info

    • 103-1245 West Broadway
      604-257-2600
    • Vancouver, BC
      1-800-774-8818
    • V6H 1G7

    cwf@citywidemortgage.ca

    Latest Tweets

    • Some #MondayMotivation from the City Wide team. Have a great week! "There is nothing impossible to they who will t… t.co/ztC9hlxxLBMon Jan 30 15:38:09 +0000 2023

    • Answer: D - All of the above. Contact us today to find out how we can help you! t.co/5XdtlK0NwESat Jan 28 02:40:09 +0000 2023

    • #GlossaryTerm Total Debt Service The ratio of the annual mortgage payments such as principal, interest, property t… t.co/IsJXrfgTWuFri Jan 27 01:30:00 +0000 2023

    • t.co/tkcmNJ5sFWThu Jan 26 01:30:40 +0000 2023

    • Beyond the practical reasons for wanting a secondary suite, such as having a senior-age parent move in, two-unit ho… t.co/JdCCOPgzgtWed Jan 25 21:15:09 +0000 2023

    • Some #MondayMotivation from the City Wide team. Have a great week! "The bad news is time flies. The good news is y… t.co/x8ekaqaGtbTue Jan 24 03:00:23 +0000 2023

    • RT @canadamortgage: This is not good at all. in the meantime, if you’re a purchaser buy the title insurance that protects YOU! And if you…Tue Jan 24 01:59:10 +0000 2023

    • When the down payment for the property is 20% of the property sale price or less, lenders will require CMHC Mortgag… t.co/NewXalL1BpSat Jan 21 02:15:03 +0000 2023

    • Thank you for the kind words! “Dara is the best mortgage broker ever! My situation was very difficult and I was de… t.co/OzA5AXl2bvFri Jan 20 01:51:11 +0000 2023

    • Moving across town is one thing—moving across the country is another endeavor entirely. Before you spend thousands… t.co/iA5T8Io61CWed Jan 18 21:10:09 +0000 2023

    Proud Member of

    © 2008-2020 City Wide Financial Corporation
    City Wide Mortgage Services (E. & O. E.)
    VIEW MOBILE SITE
    Top