Your Home Equity

Did you know you could turn your home equity into cash?

A Home Equity Loan Plan allows you use your home as security to borrow up to 80% of its current value – minus what you owe. This is a great option to consider for larger purchasing or renovation needs for a vacation home.

Things to be aware of:
  • A minimum loan amount of $10,000
  • Repayment period up to 25 years
  • Fixed interest rate with flexible repayment schedule. Choose monthly, semi-monthly, bi-weekly or weekly
  • Allows for flexible repayment
  • Defer one month’s payment up to two times a year

Use your home’s equity to consolidate debt.

Just imagine:
  • Make one easy monthly payment instead of multiple credit card loan payments
  • Stop the collection calls and demanding letters
  • Pay-off debts and improve your credit scores
  • Use a refinance to payoff a consumer proposal or pay CRA tax arrears

Debt Consolidation

Your credit worthiness is your passport to buying a home and securing mortgage financing.

Refinancing

Access the equity in your home and take care of home renovation projects, outstanding debts or invest in another property.

Renewing Your Mortgage

Don’t just resign with the Bank! Consider working with a mortgage specialist like Steve!

Renovation Loans

You can turn your home equity into cash.  Renovation Loans, Equity Take-Out, Reverse Mortgages, and so much more!

Get a FREE assessment and consultation today!

Download my FREE Mortgage App

Subscribe to My Newsletter