Ready to find the best mortgage for you? We're here to help you save time and money. The key to choosing a mortgage is to know your options. The more you know, the more likely you'll save money now and in the future. That's why all the mortgage associates that we work with are licensed mortgage specialists and as such are dedicated to helping you find the right mortgage based on your budget, circumstances, needs and goals.
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Buying your first homeBuying your next home Refinancing your mortgage Using your home equity Buying Your First Home Buying a home is an exciting and important life event. Being a first time home buyer means that you will have many decisions to make - and just as many questions that need answering. To help simplify this process, The Condo Store has compiled a wealth of information just for you, the first time home buyer. No matter what stage in the home buying process you're at, we will refer you directly to a mortgage specialist who will have all the information you'll need along the way.
Buying Your Next Home It's a great time to talk to a mortgage specialist. They have the knowledge you need to help you make the right decisions, including advice on mortgage options you may want to consider when buying and selling. You Have Options! Concerned about breaking your mortgage contract or losing your low interest rate when you sell your home? With The Condo Store’s help you will be pointed in the right direction to Bank's that offer services such as the mortgage portability option. You can transfer the interest rate and the existing terms and conditions of your current mortgage to your new home without any prepayment charges. What's more, if you require additional funds for your new home, you can use additional service options to cover the difference.
Refinancing Your Mortgage Refinancing To Use The Equity In Your Home Thinking of renovating your home? Want to consolidate debt? Make it easy to use the equity in your home to help achieve these goals. It's a lower cost way to borrow allowing you to access additional funds by adding them on to your existing Bank mortgage. You can borrow up to 90% of the appraised value of your home, minus the remaining mortgage balance.
Using Your Home Equity If you like the idea of paying your mortgage at your own pace, a Home Equity Line of Credit provides you with a flexible alternative to a traditional mortgage. A Home Equity Line of Credit lets you determine your own monthly payments -- as low as interest only, or as much as you want. A Home Equity Line of Credit is simply a revolving Line of Credit that allows you to use the equity in your home to borrow money. Why choose a Home Equity Line of Credit over another home loan? You may never need to apply for credit again. With the Home Equity Line of Credit, you can have access to up to 75% of the appraised value or purchase price of your home (whichever is lower), less any prior outstanding mortgage charges. We also offer you the ability to access up to 90% of the appraised value or purchase price of your home (whichever is lower) should you qualify.* As your mortgage balance decreases, your available credit increases. Use your available credit to: Renovate Take a vacation Purchase a vehicle or recreational property Take advantage of investment opportunities