Let us help you budget and plan for your home renovation project we can
help to make it easy and affordable by presenting you with some creative
financing options.
Renovation financing options vary from lender to lender; and can include such options
as:
- Blend and extend option.
- Hi Ratio, CMHC insured.
- Equity take out (secured and unsecured)
To discuss your individual renovation needs, please call us anytime at 604-501-7700
If your mortgage renewal is coming up, here are some factors you might want to consider.
Whether to renew for a short or a longer period is a decision you should base on your personal
circumstance, ask yourself the following questions. Do you have the discretionary
income to absorb the payment shock of an interest rate hike if you have
a short-term mortgage? Do you understand the national and international
dynamics that influence Canadian interest rates? Do you have the time
and information necessary to monitor interest rate trends and anticipate
future rate trends?
If you answered “yes” to these three questions, you should consider playing the interest
game. If, however, you answered “no”, you may wish to opt for the
security of a longer-term mortgage.
Renewal time
is an excellent time to bring you closer to mortgage freedom. Take a good
look at your finances. You would be surprised how much difference an extra
$50 per biweekly period can make.
Before you renew, call us to find out more about our 5 year special, or our
5 year variable rate mortgage. We
also offer more than 1% discounted fixed rate mortgages as well. By allowing Mortgage Plus to do the shopping for you, we can save
you thousands of dollars. To switch from
your present lender to a new lender is FREE*
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