Myth #1 Best way to pay off Canadian home mortgage? Big down payment & extra principal payments
Avoid this myth at all costs.
This is one myth that ensnares millions of Canadians and that is perpetuated by the lending institutions and by many financial advisors.
Applying a big down payment and adding extra principle payments to your mortgage is not the wisest, quickest or most cost-effective way of paying
off your house.
Money paid down on real estate is also cash forfeited that could have been redirected into other investments.
Once your money is paid into “home equity” that cash is pretty much gone!
It is often very difficult and sometimes costly to retrieve those dollars back. You should exercise great care when determining whether the cash
in your hand should be exiled to an idle life by being thrown into your house.
Canadians! When it comes to your mortgage…
Are you tired of being on the mortgage ‘hamster wheel’?
Are you sick of being ‘house rich & cash poor’?
Are you frustrated with your banks ‘mortgage solution’?
Are you open to new ideas?
Then join the quiet Canadian revolution today!
‘The UnCanadian Way To Get Rid Of Your Mortgage & Create Wealth’
It’s waiting for you at
“I purchased Mark’s book “The UnCanadian Way To Get Rid Of Your Mortgage And Create Wealth” spontaneously after visiting his site. (
Packed with solid, actionable advice, this book eliminates the fluff so prevalent in normal finance books and clearly explains the steps the wealthy use to build up their portfolios.
It provides evidence debunking the way most Canadians deal with their finances and more importantly shows the path forward.
Mark himself is approachable, experienced and genuinely willing to help Canadians be more strategic and successful in how they manage their mortgages, wealth and debt.
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Curious but still on the fence?
Get our FREE report: ‘Top 10 Myths of Canadian Home Ownership – Exposed!
http://bit.ly/Top10CanadianMortgageMyths (direct download to your digital device – 36pg pdf)
“For years, I was the guy that thought paying off your mortgage & maxing out my RRSPs were the top priorities.
Now that I really look at it, I couldn’t have been more wrong…” Kelly, Edmonton, Alberta
Video Index of 10 Top Myths of Canadian Home Ownership – Revealed!