First Time Buyers
Buying a home is an exciting time! You're about to take a big step so you'll definitely need some advice from a mortgage professional. We'll give you the facts your bank won't tell you about financing your next purchase. With access to multiple lenders, we'll help you find the best rates and best mortgage options to help you buy your dream home. Our best advice? Begin with a conversation with a mortgage professional in your area.
Emergency calls arrival time is within 1 hour – Call: 905-216-2897
Second mortgages offer homeowners access to their home's equity. Often available at lower interest rates than personal loans or credit cards, second mortgage interest rates do tend to be higher than the interest rate charged on the original, first mortgage.
Second mortgages are also sometimes referred to as a home equity loan (not to be confused with a home equity line of credit.)
As mortgage professionals, we have access to non-traditional lenders who offer financing solutions to individuals who have some credit challenges that cannot be addressed by the major financial institutions.
Together we can quickly assess your situation and decide on the best way to move forward. The worst you can do is do nothing.
Many Canadians are taking advantage of refinancing some of the equity in their mortgage to reduce their credit card debt. Why pay high interest rates on your bank's credit card debt when you can add that debt to your mortgage and pay a much lower interest rate! One important part of a strategy is knowing "good debt" from "bad debt". A well-planned mortgage can help you turn those bad debts into good debts and get them out of the way.
1. Consolidate high interest rate credit cards to one lower rate.
2. Save money and increase cash flow.
3. Reduce stress knowing that your financial situation is now manageable.
If you'd like to have a conversation about refinancing your debt, give us a call today to review your options. It's time to beat the banks!