Refinance Overview

Make your home equity work for you

Like others, you may want to use the equity you have built in your home to re-invest in your dreams or consolidate debt

You may have already accrued valuable equity in your existing property. Often, that equity can be leveraged to improve your home, upgrade your lifestyle, or help you reach other dreams you may have.

Mortgage Refinance

A mortgage refinance allows you to borrow additional money on your mortgage, so you can afford the things you need or have always wanted. Also, it can consolidate your debt into one convenient payment that also saves you money.

A mortgage refinance may be right for you if you want:

• To lower your debt payments:
  Pay off any high interest rate debt (e.g. credit cards, unsecured loans, etc.) by switching it to your lower rate mortgage debt
• To help your family grow:
  Contribute to your childrens’ RESPs or help with their existing education costs, enable a much-needed home renovation, or take your family on a dream vacation
• To protect your family:
  Emergency funds to handle unexpected expenses
• To invest:
  Maximize your RRSP or TFSA contributions, buy investment real estate (e.g. residential property, including some types of multi-residence rental properties).

Demos is a partner with Mountainview Mortgage who is an expert in mortgage refinancing. He will develop a tailored plan that fits your needs while keeping your overall costs as low as possible and the terms reasonable. He will make sure you understand the role your home plays in your overall financial picture and provide you with sound financing options to match your current and future goals.

Because Demos has access to lenders and other financiers, he can provide solutions unavailable to most others.

Call Demos today and put his mortgage refinance expertise to work for you.

Home Improvement

Leverage your current home’s equity to upgrade your home

When you want to increase your living space, make much needed repairs, or invest in energy efficient upgrades, home renovations can help improve your quality of life, all without moving

Upgrading your home is investing in your home. Why try to pay for it with higher-priced debt when you can use your home’s current equity to finance the improvements?

Demos is a partner with Mountainview Mortgage who can help you find cost effective financing options whatever the scope of your project.

Typical renovation ideas:

• Lifestyle Renovations

  Additions and remodels are a great way to incorporate new life and style to any home. If you like where you live, renovating may be a more practical and cost-efficient solution than moving.

• Retrofit Projects

  Reduce your energy consumption and expense by retrofitting your existing home with high-tech insulating materials and advanced heating & cooling equipment. Enjoy the benefits of your energy efficient home for years.

• Maintenance and Repair Renovations

  Most maintenance and repair renovations are not really a choice – they are part protecting your home ownership investment. Properly done, renovations may also increase your equity and/or re-sale value.

Regardless of your reason, call Demos today and put his mortgage refinance expertise to help you find the financing you need.

Debt Consolidation

The significant appreciation in housing prices has many home owners taking advantage of low interest rates and lender refinance programs.

While not for everyone, you may be surprised by the amount of money you can save

Debt consolidation is the refinancing of your home to pay off credit cards, loans, or lines of credit.

Demos is a partner with Mountainview Mortgage who understands how to use your home equity to improve your overall financial health. He will help you understand what role your home plays in your overall financial health and provide you with sound financing options to improve your overall net worth.

Benefits to wisely using home equity to refinance debt include having:

• a single, conveniently timed monthly payment
  rather than have you struggling with multiple, uncoordinated payments that may leave you strapped for cash at key times of the month
• a lower total paymentdue to a lower (mortgage-level) interest rate on your refinanced debt
• money left over to invest or use as you see fit

Call Demos today and put his mortgage refinance expertise to work for you.

Release of Equity

Take advantage of your home equity to invest in your dreams.

Today is the day to start investing in your dreams

Here are some great ways to use some of your home’s equity:

• Buy a vacation home.
• Invest in residential or commercial real estate.
• Invest in your child’s education (directly now or via an RESP for future costs)
• Take your family on that once-in-a-lifetime dream vacation.

Everyone’s situation is different and it pays to get expert advice.

Demos is a partner with Mountainview Mortgage who is an expert in mortgage refinancing. After taking into account your financial goals, future and current lifestyle needs, and personal preferences, he will review your available options to determine your best strategy. Demos will develop a personalized plan that fits your needs and dreams while ensuring your home remains a positive contributor to your overall financial health. He will make sure you understand the role your home plays in your overall financial picture and provide you with sound financing options to match your current and future goals.

Call Demos today and put his mortgage refinance expertise to work for you.

Line of Credit

Access ready cash whenever you need it

A line of credit lets you borrow with flexibility and convenience whenever you need it

We will do the legwork for you!

Whether you’re planning on renovating your home, making a major purchase, or taking advantage of investment opportunities, one way to save money is by being able to vary at will the amount of equity you leverage in your home.

Depending on the amount of equity you have, you may qualify for a secured line of credit at an interest rate lower than most other credit products. This is instant money that you can use for anything you like.

Demos is a partner with Mountainview Mortgage who is an expert who has set up many of these lines of credit. After taking into account your financial goals, future and current lifestyle needs, and personal preferences, he will review your available options to determine your best strategy. Demos will develop a personalized plan that fits your needs and dreams while ensuring your home remains a positive contributor to your overall financial health. He will make sure you understand the role your home plays in your overall financial picture and provide you with sound financing options to match your current and future goals.

Generally Speaking, Benefits of a Secured Line of Credit include:

Saves you money:

• Using the equity in your home may result in a lower ‘secured’ interest rate and a higher credit limit.
• Make interest payments only on the funds you use, not your total credit limit.

Convenience:

• Apply once and it’s set up for your future use.
• Reusable even when it’s been fully paid; you won’t have to reapply.
• Easy access to your line of credit funds.

Call Demos today and put his mortgage refinance expertise to work for you.