Refinancing Can Help You Today
Canadians purchase homes for a variety of reasons. Some want the stability of owning their own home, while others also look at home ownership as an investment vehicle. No matter what the reason, the truth is that home ownership has proven itself to be a good stable investment over time, and one which many Canadians are profiting from.
Refinancing an existing mortgage offers many benefits, including a lower monthly payment, the ability to withdraw equity for a renovation, or to consolidate your debt. Refinancing is also a good option to pull equity out of your home in order to add to your investments, college expenses, and more.
Canadians have been borrowing against their home’s equity in record numbers, taking out billions of dollars in cash each year. Where home equity was once sat upon, today it is often used to one’s advantage.
You may have been working at improving your credit score and now qualify for a new mortgage with a better discount.
As a strategic financial decision, let Wes Rosso Mortgage get you the best deal! Instead of going to the banks yourself, allow us to negotiate on your behalf. We offer clients our professional negotiating experience at no charge to you. Contact us today to discuss a customized solution that is right for you!
While removing equity from your home can be a good idea, you should do so with caution and fully understand the benefits and possible risks. The best thing you can do is to consult Wes Rosso, your licensed mortgage professional and financial planner, to discuss opportunities to make your home’s equity work for you.