THE BEGINNINGS of a house make for some interesting patterns as this worker works on the roof of a new home in Lynn Valley. Bs NEWS photo Cindy Goodman Find the right mortgage WHETHER YOU'RE in the market for a new home or your mortgage is up for renewal — take a look at the features of your mortgage. Beyond the interest rate, other factors can make a considerable difference to your financial cir- cumstances. By DEBRA TERR Contributing Writer Ask yourself how much flexibility you have to pay down the principal without penalty. [t’s a question worth a lot of money. Most mortgages permit an anniversary payment of 10 per cent each year. But even more advantageous is being able to make additional payments throughout the 986-9321 year, without penalty. While only a few financial institutions permit this, it can save you thousands of dollars in interest costs and shave years off your mor- tgage. In today’s fluctuating in- terest rate environment, it’s always valuable to be able to take advantage of lower tates when they come along. Look for a lender that offers an early renewal feature. This will permit you to lock into more favorable rates prior to your regular renewal date. Another attractive feature in an uncertain interest rate climate is the ability to take your mortgage with you should you move when rates are high. Play it safe — in- sist on portability, and bor- "TRY $16, 000 DOWN? 1380 ROSS ROAD (off Mountain Hwy.) Exciting opportunity to own your tst home. It's small, it’s clean, it's central. 2 bedrooms on main plus 6 ff. % basement on 33«120 lot with rear !ane access It's a terrific price, the vendors have § been transierred. SO TRY YOUR OFFER! NEW TO VANCOUVER? For the past 6 years I've been helping people like you find the right home. So i give me a call for a ist class service and WELCOME to our cily. Out of Town Buyers/Seller’s Specialist row any additional money required based on current rates at the time you move. Certain conditions apply to mortgage features; ask for details. What about those times when cash flow is squeezed? Wouldn’t it be nice to have the option of skipping a mortgage payment without penalty? You can — be sure to look for a mortgage with this feature. Competition for your mortgage has never been greater. As a home buyer or current owner, you can call the shots on convenience, flexibility and potential sav- ings by simply shopping around for a mortgage that offers the features you want. sutton gfoup - west coast:realty.. “AN INDEPENDENT "MEMBER AROKER. MY FAVORITE HOME IN NOATH VAN 4984 REDENDA f Exceptionally well maintained 4 bdrm Crest built home with a lovely view and in a most desirable area. Lot is sunny and large with an Alpine play ¥ park only steps away. Features family room off A kitchen. gleaming hardwood, 3 fireplaces, 22 . baths, security system, newer roof and is decorated to perfection. Price reduced to $339,000. Now priced to sel!! A HOME FOR FAMILIES 2317 JEFFERSON, W. VAN. A home like this does not come onto the market often Totally renovated throughout with new kit- chen, family room addition, separate dining room , and a gorgeous sundrenched pocl. A very quiet street and steps away trom elementary school 7 and the shops at Dundarave, not to mention our “ge lovely WV sea wall... Be the first to view By appt. only. I7’S A DOLL HOUSE 1472 JEFFERSON § Quaint and cute from the moment you enter and is MUCH LARGER than it appears from the out- * side! Features spacious kitchen and family room (with sliders to extra large south facing deck). charming living rm and dining rm with gleaming pe hardwood floors, 4 bedrooms, 2 full baths and potential for further development down. Ciose to schools and transportation. A delightful home and area for couples, families or retirees. You are in- @ viled to our first open Sunday 2:30-5. Sussex Group - S.R.C. Realty Corporation . West Vancouver Office 925-2911 Office 986-9321 Bob Kessel _ ROYAL KENSINGTON!! Bright & sunny suite, S/E corner suite with unob- structed city and harbour ¥ views. Excellent bldg. featuring pool, sauna, -€ swirlpool, convenient toca- tion. $160’s. Va VAR \ UPPER DELBROOK — PANORAMIC VIEW Outstanding vatue!! Super 3 year old contemporary with over 3000 sq.ft. of liv- ing space, family room, huge master bdrm with oversized ensuite, profes- sionally landscaped yard with hot tub! | $590’s #111-251 WEST 4TH ST. Lower Lonsdale’s Best Buy!! Southwest corner suite with partial city view, 10 year old building. recent carpet and paint. Immaculate condition, Pps, : s 2 BEDROOM $118,900 Don't miss this!!! Lower Lonsdale suite with ci- ty view from dining room and 2nd bedroom, new carpets & new paint. Rentals allowed. : 324° ‘Sutton ‘group - west ‘coast realty. | we AN INDEPENDENT“MEMBEA BROKER a