Mortgage 101 for Canadians : The $21,000 Fee Nobody Warns you About

BOOK A CALL WITH RAGHAV: https://calendly.com/raghavman Connect with Raghav Manchanda on Instagram: ‪@raghavman‬ Mortgage 101 for first-time home buyers in Canada (updated for 2026). There's a $21,000 charge hiding in most first-time buyers' mortgages — and it doesn't protect you. In this video I cover the mortgage basics everything else builds on: how mortgage default insurance really works (and who it protects), down payment minimums under the new rules, amortization vs. term, the accelerated bi-weekly payment trick that saves tens of thousands, what lenders check on every file, and why a real pre-approval is nothing like the 3-minute app version. Whether you're buying your first home in BC or renewing an existing mortgage, this is the foundation your banker won't walk you through. Here is my detailed guide on Fixed VS Variable and how to make that decision in 2026:    • Fixed or Variable in 2026? The Answer Depe...   Questions about your own situation? I'm Raghav Manchanda, mortgage broker with Seven Lending, working with buyers and homeowners across BC. Email: [email protected] Contact: +1-604-260-6900 Join our VIP Club — it's free and you get a chance to win every month: Sign up here: https://app.brokermail.ca/h/t/03154AD... #mortgage101 #firsttimehomebuyer #mortgagecanada #bcrealestate #mortgagebroker #homebuyingtips #cmhc #mortgagetips #vancouverrealestatemarket #canadianfinance