skip to Main Content
Military Friendly Mortgages, Military Mortgages

Military Friendly Mortgages

Military Friendly Mortgages

Military families give up a lot in the service of our country. Beyond the individual sacrifices of the service men and women, their families give up many personal freedoms and securities. Families can be separated for months at a time. They can even be picked up and moved at a moments notice. This can place a significant financial on them, which is why military friendly mortgages are important.

Many lenders make special considerations for military families. There are three things that you should consider when looking at your mortgage options:

Will your lender waive prepayment penalty?

Sometimes getting a new home when you relocate does not make sense (for example on remote or overseas postings). The biggest thing your lender can do is allow you to pay your mortgage off early without penalties. Waving these fees can save you $1000s.

Will you be able to port your mortgage?

Another option is allowing you to use the same mortgage on a new home. Porting saves everyone time and money and provides you with the assurance that you will be covered in your next transaction.

Will your insurance be enforceable during deployment?

The last thing anyone would want is to is have your mortgage insurance product not cover you in the event of a tragedy. But not all insurance products will cover you during a deployment. It is an important question to ask and document.

If you are a military family and are considering a mortgage, please contact us for more information and support.

1. The “Holiday Cheer Giveaway” (the “Contest”) runs from 08:00:00 a.m. AST on December 1st, 2020 (the “Contest Starting Date”) to 5:00:00 p.m. AST on December 11th, 2020 (the “Contest Completion Date”). The Contest will have one (1) grand prize draw for a cash prize of $2,200.

2. Submitting this form implies consent to subscribe to our emails and mobile phone alerts. Subscribers may opt-out at any time.

3. SMS message and data rates may apply. Text HELP to 68411 for help, text STOP to 68411 to end. By opting in, I authorize the seller to deliver messages using an automatic telephone dialling system and I understand that I am not required to opt-in as a condition of entering the Contest.

4. Participants will receive one (1) contest entry for signing up for email and/or mobile phone updates. This is limited to one entry per person through the online sign-up form.

5. Participants may have the opportunity to earn additional entries and any details will be announced from time to time if available.

6. Participants must be 18 years of age at the time of contest entry and reside in Nova Scotia, Canada.

7. By entering this Contest, all entrants consent and agree to the use of their name, address, likeness and photo for any advertising, publicity and marketing purposes by the Sponsor, without compensation.

8. By entering, all eligible participants agree to abide by the rules and conditions outlined above.

Subscribe to our newsletter

Sign up here to get the latest news and updates from Clinton Wilkins Mortgage Team.

You can unsubscribe at any time.

Normally you can find this at retail stores across Halifax and Dartmouth, but we wanted to make it even easier for you to get a copy.

The entire guide is available online to view or download, and to make sure you’re staying safe at home, you can now request a print copy by mail, free of charge, anywhere in Nova Scotia!