TWT has recently funded a significant amount of mortgage refinances and mortgage transfers. The combination of low mortgage interest rates & appreciating real estate assets is a perfect combination to consider restructuring ones current mortgage.
Refinance --> When refinancing a mortgage, clients are typically looking to break their mortgage for the purpose of obtaining a better interest rate which saves them both interest and cash flow as well asaccesh additional equity in their home.
Transfers --> When transferring a mortgage, clients are typically looking for a lower rate but they are not as concerned about accessing their equity, its simply transferring lenders dollar for dollar.
As a leading mortgage brokerage, TWT/DLC has access to a lot of lenders - which provides our clients with choice. We have the technology to quickly filter through hundreds of lenders; banks, credit unions, mono line lenders and trusts. We can play with the particulars to short through the best terms for our customers.
For the past year we have been helping many Canadians restructure their mortgage. Everything from accessing equity, to reducing their rate and creating better cash flow. So long as rates stay competitively low and real estate assets value holds true, we are in a great position to consider restructuring any mortgage. Connect with our team for a consolation
scott@thewestlaketeam.com
*photo credit, Dominion Lending Centres, www.dominionlending.ca