SPLIT MORTGAGE
 
Enjoy the flexibility of a variable rate with a split mortgage.

Split mortgages, also referred to as “hybrid mortgages” or “50/50 mortgages,” combine fixed and variable rate components within a fixed time period (usually around 5 years). A primary benefit of a split mortgage is that it allows you to have regular payments with the flexibility of a variable rate, which helps save you money in the end! The involved risks include potential rate spikes, increased amortization schedules, and penalties if you need to cash out of the mortgage. These potential risks could end up costing you a lot if you don’t do your research. To find out if a split mortgage is an appropriate option for your needs, contact the mortgage professionals at Regional Mortgage Group. We can help assess your current risk portfolio and make sensible recommendations.

MORTGAGE

CALCULATOR

Our interactive calculators allow you to explore all your mortgage options.

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AGENTS

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Applying for a mortgage with us is simple, efficient and secure, so why wait?

102-5229 50th Ave
Red Deer, AB T4N 4B4

Main Office: 403-343-1125

Find Your Broker HERE

Email: hi@regionalmortgage.ca

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