PenFinancial is Niagara’s truly local Credit Union. And as such, PenFinancial believes that all Niagara residents deserve to understand the full details of their mortgage.

Because of the current pandemic, rates have never been lower. And everyone loves a great mortgage rate, right!? But what else can impact that amount that you owe on your mortgage, and how much is actually contributing to paying your house down?

Whether you’re interested in purchasing a home, refinancing your existing home, or moving your mortgage, it’s best to ensure you have a full understanding of what that means for you.