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  Using Home Equity Wisely

Using a portion of your home equity to take cash-out for business use, investment, HOME IMPROVEMENTS or a large purchase is usually a wise option, rather than borrowing from another source. If your home value has increased (lowering your loan-to-value ratio), this alone may allow you to refinance at a new lower rate and save. We make it easy. APPLY » »

Consolidating Debts

Consolidating higher interest debts such as Credit Cards, Auto Loans, Tax Debts, 2nd Mortgages, Personal Loans, Lines of Credit etc., is an easy way to reduce your interest costs and save money every month.

Example
   
   
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BEFORE AFTER
Your Bills Monthly Pymt.     Your Bills Monthly Pymt.
Credit Cards @ 11.0% $238.00 Credit Cards $0.
Auto Loan @ 6.0% $578.00 Auto Loan $0.
1st Mortgage @ 4.75% $1,065.00 Mortgage $0.
Personal Loan @ 6.0% $280.00 Personal Loan $0.
Total $2,161.00 New Mortgage $1,273.
Monthly Debt is Reduced by $888.00 ($10,656.00 per year)
† Example based on combined loan amount of $250,000 refinanced at 3.724% Annual Percentage Rate, 5 yr. Term, 25 yr. amortization, conventional loan-to-value, O.A.C.
   
   
     
   
     
 
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