mikec8
Member
No problem.
I actually had these very same questions myself before I got my loan.
UPDATE:
I am wrong about #2 and #3! In the last few weeks, Scotiabank seems to have added a suite of loan tools to their website providing much more information and control than they used to over a loan.
It would appear to now be possible to both make lump-sum prepayments and change your loan payment amount using these tools! Very handy!
Please note that I just discovered the existence of said tools a few minutes ago, so I have not tried them yet, nor do I know if there are any associated fees.
Perfect! At least we know it may be possible. Also, is there a way to get pre-approved for financing or is that something done after you order?