Mortgage financing
Whether you need a new mortgage, a renewal, or a home equity line of credit, we help you compare offers and find financing that fits your situation.
Our financing services
- New mortgage (purchase, construction, refinancing).
- Renewal at the end of your current term.
- Home equity line of credit (HELOC) for your projects.
Why consult us?
As intermediaries, we can present options from multiple institutions. We help you understand rates, terms, and conditions so you can make an informed choice.
Client example — Refinancing + debt consolidation (3.9% rate)
Profile
- Karine, 41
- Home value: $600,000
- Mortgage balance: $300,000
Financial situation before refinancing
| Debt type | Balance | Monthly payment |
|---|---|---|
| Credit card (19%) | 25 000 $ | 750 $ |
| Auto loan | 20 000 $ | 420 $ |
| Line of credit | 15 000 $ | 250 $ |
| Mortgage | 300 000 $ | 1 550 $ |
| Total | 360 000 $ | 2 970 $ |
Solution — Mortgage refinancing
The bank allows refinancing up to 80% of the home value. 80% of $600,000 = $480,000
| Item | Amount |
|---|---|
| Current mortgage | 300 000 $ |
| Debt consolidation | 60 000 $ |
| New mortgage | 360 000 $ |
| Mortgage rate | 3,9 % |
Approximate monthly payment after refinancing: 1 690 $ / mois. All debts are now rolled into the mortgage.
Financial result
Before
2 970 $
/ mois
After
1 690 $
/ mois
Monthly savings: approximately 1 280 $
- ✔Over $1,200 in extra cash flow each month
- ✔Single monthly payment
- ✔Much lower rate than credit cards
- ✔Better budget management