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Secure a mortgage credit line without changing your current mortgage and WITHOUT ANY NOTARY FEES?

Secure a mortgage credit line without changing your current mortgage and WITHOUT ANY NOTARY FEES?

It is now possible to obtain a mortgage credit line at very competitive interest rates without changing you current loan, i.e. without any penalties. Effectively, if you have the necessary equity to register a line of credit for at least $50,000, you can access a mortgage credit line for free. How do I calculate the required equity? Take a look at the example below: The market value of the property is $400,000. Your mortgage balance is $100,000. Calculate 80% of the property’s $400,000 market value, i.e. $320,000. $320,000 – $100,000 = $220,000 = the equity available to register a free mortgage line of credit with a competitive interest rate. If you are interested by a mortgage line of credit or if you know someone who might need a mortgage line of credit, I would be happy to help them to do the math needed to access this mortgage product. Just contact me by phone, email or online.

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RATES OF

2024-03-28 00:00:00

TERMS BANKS MORTGAGE PLANNERS
6 months Fixed 7.94% 7.55%
1 Year Fixed 7.89% 6.79%
2 Years Fixed 7.49% 6.14%
3 Years Fixed 7.14% 5.09%
4 Years Fixed 6.99% 4.94%
5 Years Fixed 6.84% 4.79%
5 years Variable 7.65% 6.25%
Refinance Fixed or variable 10.40% 5.09%
3 year closed Variable 8.60% 7.20%
7 Years Fixed 7.10% 4.94%
10 Years Fixed 7.49% 5.79%
HELOC 8.20% 7.70%

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