Refinancing your home allows you to negotiate new terms and rates for your mortgage. It also allows homeowners to access equity consolidate debts , renovate , vacations, weddings , or simply just to have access to cash for whenever needed. Most homeowners refinance to pay off debt ,renovate their homes , get a better interest rate, or to invest in other properties.
Whether you’re buying your first home or looking for a new investment property, there’s lots of stress and complications involved in mortgages and financing. That’s where using a licensed mortgage agent is the best service to utilize.
Home Equity / Second / Private Mortgages
Home Equity,Second & Private Mortgages are funds based on the market value minus the balance on a property. This value is created by paying down a mortgage or the difference between the current value of the property vs what it was purchased for. Most banks and lenders will allow a homeowner to access 80 % of their home’s equity while other lenders will allow 95 %. The cost to borrow these funds can be built into the mortgage payment or it is obtained after selling the home .
Home Owners Special Financing ~NO Income & NO Credit
Not sure how much you can qualify for? No problem ! Try our fast & easy application and an agent will contact you. One application provides access to 100s of lenders making it easier to find the right lender for each individual needs.
Add to your retirement plan with this safe solution for Canadian homeowners that are 55+ .Access home equity and turn it into tax free cash without monthly mortgage payments.