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Financial MRTA vs MLTA vs Term Plus..., whatever they call it

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potenza10
post May 2 2014, 10:53 AM

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Guys,

If I decide to take MRTA afterward (not include in mortgage loan package), is it more expensive or what?
potenza10
post May 2 2014, 02:37 PM

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QUOTE(onnying88 @ May 2 2014, 02:34 PM)
It will be more expensive only due to your age. As all insurance premium going higher as age higher.

If your afterward mean few month later and still before your birthday, then it will be no different. If after birthday then will be more expensive.
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Due to commitment issue on my DSR calculation, loan officer did not include in MRTA. That is why i am asking. Plan to buy separately.

 

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