There are a few extra costs involved in getting a mortgage, they are as follows:
Appraisals: Usually about $250.00 ( We pay for them at CMD)
CMHC Fees: Usually around $165.00 ( We will also pay in most cases)
Legal Fees: They usually range from $400.00 to $700.00
House Inspections: Start at $250.00 up to $450.00
After 20 years in the Canadian mortgage business I have written 3 books on the 3 areas that I find my clients ask me about the most. Each book is Free in a digital format or you can order a printed copy at www. Amazon.com or www.Amazon.ca. The books are designed to answer your questions and concerns. You can also contact me with any questions you may have. Please click on the book you want below.