Products
-
- Cash Back Mortgage
A cash back mortgage can be a great option for clients needing to create additional liquidity after purchasing a home. If the traditional minimum down payment of 5% plus the closing costs associated with your mortgage is leaving you with a lack of money left over for emergency funds, household furnishings, loan/debt pay down, etc., the cash back option may be for you. Cash back options are usually between 1-3% cash back. In return for the cash back, the lender will charge an inflated interest rate on the entire mortgage loan. The additional interest paid over the term of the mortgage is in most cases fairly comparable to the amount of cash back the lender provided upfront. It is important to note with a Cash Back mortgage that if you choose to sell your home, refinance, or payout your mortgage prior to the end of the term, not only may you have a standard pre-payment penalty, but will also have to pay back a proportionate amount of the cash back.
-
- Renewals
At your next renewal, be sure you are accessing the lowest rate and best mortgage option available. Rate holds can be accessed up to 6 months prior to renewal to safeguard against rate increases. If a more equitable mortgage product can be secured with a new lender prior to renewal than a ‘switch’ may be a viable option. A traditional switch with no new funds added to the mortgage would be completed with no new costs to the client. On approved credit the lender will cover any appraisal or title transfer costs.
This may also be a good time to consider accessing any additional accessible equity in your home. As mortgage funds are traditionally much lower than unsecured debt, this could be a great opportunity to consolidate debt, purchase RRSPs for tax savings, upgrade a vehicle, or fund a much needed vacation.
There is also room at this time to make adjustments to payments/amortizations to better fit your budget and goals.
-
- First Time Home Buyer Programs/incentives
COMING SOON..
-
- Second Mortgages
COMING SOON..
-
- Rent To Own Program
COMING SOON..
-
- Mortgages Refinance
COMING SOON..
-
- Reverse Mortgage
COMING SOON..
-
- Bareland Financing
COMING SOON..
-
- Bruised Credit / Bad Credit Mortgage
COMING SOON..
-
- Construction (Build) Mortgages
COMING SOON..
-
- Mortgage Plus Improvements
COMING SOON..
-
- Self Employed Mortgage
COMING SOON..
-
- Debt Consolidation
COMING SOON..
-
- Home Equity Line Of Credit
COMING SOON..
-
- Property Investor
COMING SOON..
-
- Limited Credit/new To Canada Mortgage
COMING SOON..
-
- New Immigrant Mortgage
COMING SOON..
-
- Commercial Mortgages
COMING SOON..