Reflection Guest Speaker

Mortgage Options for Home Buyer in Saskatchewan

Today you will have a guest speaker come in that will discuss buying a home and the different
options you will have for mortgages when you purchase your home. Throughout the time that
the speaker is talking make some jot notes on this page that will help you form a reflection
on this experience. Use the following guiding questions to help you, prepare your reflection
on the paper at the end of this handout.
What questions did you have, or what topics did you hope would be covered in this talk?

What are some topics, thoughts or comments that you found interesting?

What questions do you still have that have not been answered? Do some research that will
allow you to answer these questions if the speaker did not cover them.

What are the five parts to a mortgage? Define each.

Part

Definition

What is the total amount of debt that you can have? What are the two ratios that a mortgage
lender will look at? Explain each.

What is the difference between a variable mortgage and fixed mortgage? Explain.

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