Refinancing

Renewal

During this time is when we look at other lenders and the options available to you. I highly would recommend reconnecting with me within 6 months prior to your renewal date. This will give us ample time to shop around for better rates and overall satisfaction on your financial situation.

Consolidating Debt

If you have ridiculously high payments (High Interest) on student loans, credit cards, car loans etc… There is a better way by using your mortgage (Low Interest) we could easily pay it all off.

Home Line of Credit (HELOC)

Need extra cash? This is a quick and great option for homeowners who are thinking about doing home repairs and upgrades, helping out family or friends. Maybe you’re buying a new car/boat/cabin/airplane or business investment. A Home Equity Line of Credit is simply a secured loan attached to your house. Interest rate are usually lower than a typical mortgage and repayment plan is very flexible. Usually some cost associated with this would include hiring an appraisal to get an up-dated value of your home. You pay a monthly premium and usually if you sell the house this would get paid off at the same time as your mortgage. Book an appointment with me to discuss your options.

Reverse Mortgage

  • Perfectly suited for folks that are reaching retirement

  • Must be age 55 +

  • Receive your money as a lump sum or multiple instalments Tax-Free!

  • Must be primary resident while receiving benefits

  • Zero repayment unless you move or sell your house

Pre-Sale

  • Instalments deposit directly to a developer within a time frame (1-3 years)

  • During the time of construction and 5-6 months before completion we will prepare for refinancing in-order to get pre-approved!

Penalties & Interest

Want to switch lenders? Regret locking your mortgage into a fix-term? Found a better interest rate somewhere else but confused about the process and penalties? Let’s talk about how we can calculate the cost between breaking your contract verse paying a lower interest rate with a different lender. You would be surprised on the amount you could potentially save!