How
does a Scotia STEP program play a part in a laddering strategy?
How
can the Scotia STEP program answer these questions for your customers?
Should they lock in for
a longer term?
Would
they be better off with a shorter term?
Do
they choose an adjustable rate or a fixed rate?
With
a Scotia STEP program, your customers can choose up to 3 mortgage
components. These components can balance the stability of a fixed
rate, with the potential for gain of a variable rate mortgage.
It's True! Laddering a mortgage puts your customer in control of their mortgage financing.