As long as you have a valid work visa or confirmation of application for Permanent Residency, full-time employment, credit references from your home country and down payment from your own resources, you may qualify for home ownership sooner than you think.

For more information, please contact us.

Home Equity / Line of Credit

paper-clip-side-house-6Refinancing, whether it be a relatively straightforward refinance of your existing mortgage balance, or utilizing your home equity for any other purpose desired, is a strategic financial decision that requires the assistance of a mortgage expert to get you the best deal from the hundreds of options available. Whether you want to:

  • Lower your monthly payment
  • Consolidate debt
  • Make home renovations
  • Pull cash out of your home
  • Increase your flexibility with a credit line
  • Break your mortgage

 

We can offer you expert advice on the mortgage strategy that suits your needs.

For more information, please contact us.

2nd Mortgage

paper-clip-side-frontA second mortgage can be used to reduce your monthly debt payments, make home improvements or free up cash for whatever you want.

Like a home equity loan or others of its type, the lender requires it to be secured by a second mortgage lien.

Because the lender is at a higher risk in case of default (since they will not receive any money from the sale of the house until the first lender is paid, and if there is no money left over, they would lose their money), the interest rates are higher.

You can also use a second mortgage for consolidating high-interest credit card debts by reducing your rates and payments and converting compound interest into simple interest.

For more information, please contact us.

Rental

DFI-MPP

The mortgage life insurance under Mortgage Protection Plan offers you the most flexible, supportive and cost effective life insurance option available to Canadians.
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DFI-MPP

Looking for construction financing? At DFI, we can put together a financing package that meet your needs.
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