$400.00 Second mortgage appraisal rebate qualifying conditions
Appraisals are paid by borrowers.
Appraisals are directly ordered by the lender.
A refund of appraisal cost for the maximum of $400.00 is provided to the borrower upon closing only. (Only appraisals that were ordered by First Swiss Mortgage Corp qualify and only upon closing of the transaction with First Swiss Mortgage Corp if the value is confirmed);
To qualify for appraisal rebate file must be broker complete and be instructed between January 9th and February 28, 2017.
After a period of some stressful time in their life, this including hard work, a change of workplace, some family illnesses and some accumulation in the credit card usage , a client called me asking for some financial advise. Their goal was to recuperate their financial stability, to stop accumulating debt with high interest rates that were consuming a great deal of their fixed income and mainly to get a piece of mind to continue.
We had a chat a coffee shop and before my medium size of black coffee was finished we were filling up their online mortgage application, I simply learned what they wanted and their particulars, the rest was just a matter of simple paper work that we both worked together on.
Can I help you refinancing?
After a few days they were able to reduce considerably their high cost of borrowing and by the first month they were able to feel the financial difference, that was in the very short time, on top of that a projection of their future debt accumulation showed them a great difference in the overall reduction of their debt. Freeing cash using the equity in their home without losing nor risking any future home resale value was the triggering tool that gave them a piece of mind.
After the second month they were able to travel to Hawaii to realize a long due trip they had promised to each other to enjoy.
Today their mortgage payments are low and their debt is on the decline
As a token of thank you they shared the following pictures taken from their hotel room balcony, a time they enjoyed and will remember in their lifetime.
Your credit may not be the best or poor, your income may not be enough. yet help may be a phone call away.
Equitable Bank has shown a history of commitment to helping borrowers when other banks can’t help them.
Among the mortgage products that you can request from me from Equitable Bank are:
Total worth Mortgage for borrowers whose income may not be enough to qualify under regular guidelines but, have built equity in their home and would like to refinance up to 65% being salaried or self-employed or even students,
Home equity lines of credit
Business for self or self-employed
New to Canada with no beacon score or with a 9 Social Insurance number
In the link to video below we have an example of unpredictable events against which we should keep monetary provisions like a line of credit.
Recuperating from this losses is easier when having already a open equity line of credit when you only pay interests on the borrowed amount “when” you need them and at rates that are a lot lower than credit cards.