Sometimes, the house of your dreams is the one you're already living in.
Maybe it just needs some new landscaping, an extra wing for your growing family, an expanded kitchen, or a swimming pool in the backyard! A record number of Canadians have taken advantage of the historic low mortgage rates and rising real estate values and have tapped into their home equity through equity take-outs. There's never been a better time to access the extra funds that can help bring your home to that next level of comfort. Consider accessing the cash you need for the renovations and improvements you've been dreaming about!
Tapping into your home equity is generally a much better option then running up credit card debt. We have seen many people run up bills they no longer afford that way. As your Professional mortgage advisor we recommend using your home equity as leverage. If you haven't built up enough equity there are options called Refinance Plus Improvements where the lender will factor in the "As Improved" value of your home and lend to you on that value.
Give us a call today!
*Subject to approved credit, income verification and meeting lending credit granting criterea. Applies to residential mortgages only and some conditions may apply. O.A.C., E.O.E All content is subject to change without notice.