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If you need access to additional funds, using the equity in your home can be a lower cost way to borrow the money than taking out a traditional loan.

You can use your home equity to:

  • Renovate your home
  • Buy an additional property
  • Invest in stocks
  • Buy a car or boat

Another common reason for refinancing a mortgage is to consolidate debt such as, higher interest credit card balances and loans.  By consolidating these debts into your mortgage at a lower interest rate, you can save money and have all your debt in one place.  Plus, there are pre-payment options that gives you the flexibility to pay off your loan more quickly.

Contact us today to assist with refinance at the best available rate.

 

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