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Get rid of your credit card debt!

Get rid of your credit card debt!

Imagine this: your son is in immediate need of braces, but all your credit cards as well as those of your partner have reached their spending limit. Are you in a momentary bind? What if I told you I could help you?

Let’s say the residual mortgage on your bungalow, worth $290,000, is $170,000 and you have $15,950 in outstanding debts. Thank to the value of your home, you can contract a $190,000 mortgage with a 2.99% fixed rate and a $20,000 credit line with a 3.50% variable rate*. This solution allows you to pay your monthly mortgage payment, your outstanding debts, and the credit line will take care of unforeseen expenses. Now you don’t have to wait to make an appointment with the orthodontist!

Of course, I would be pleased to take care of your debt consolidation!

*mortgage rate available on June 23th, 2014

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May 25 2020

1 Year Fixed 3.99% 2.49%
2 Years Fixed 3.89% 2.34%
3 Years Fixed 4.34% 2.39%
4 Years Fixed 4.89% 2.44%
5 Years Fixed 4.94% 2.29%
5 years Variable 2.45% 2.20%
7 Years Fixed 5.80% 2.44%
10 Years Fixed 6.60% 2.89%
HELOC 2.45% 3.05%

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