If your monthly bills have gotten out of control, you might be
able to refinance your home and pay them off. The advantage of
doing this is to lower your total monthly payments.
I can review your situation and make a recommendation.
Refinance a 1st
& 2nd mortgage into a new First Mortgage.
If you have two mortgages on the same property, you can combine
them into a new first mortgage even up to 100% value of the
home! If the new mortgage
is over 80% of the value of the property, normal CMHC / GE / AIG insurance
premiums and guidelines may apply.
Financing a Renovation.
If you plan major renovations (spending over $10,000), it could
be less painful to add to your existing mortgage as opposed to
a loan or line of credit. Whether you are developing your basement,
renovating your bathroom, or even adding a hot tub! A new 1st
or 2nd mortgage is the best way to go!
Purchase
of investments.
You can use the equity in your home to finance the purchase of
investments, Revenue Properties, R.R.S.P.'s, Stocks, anything
that you have been wanting to maximize your net worth and improve
your quality of life. Borrow at 4.39% & Earn up to 18% on
a second Mortgage!
Purchase of investment
property If you have the equity and have a desire to be a landlord, you could
take equity out of your property by refinancing the mortgage to
use towards the purchase of an investment property.
Prime Today: 2.75 %