Why use a Kelowna Mortgage Professional

There are hundreds of products available to consumers. Let me do the shopping for you. I can often get you a better rate than you at your own bank. Best of all (except in the most challenging of circumstances), my services are free to the client.

Tuesday, August 25, 2009

Equity Take Out Mortgage Kelowna

An equity take out mortgage is exactly that; you are taking equity out of your home.

The best time to do this is at the end of your current “term”, thus eliminating any penalty for getting out of your current mortgage early.

If you are in the middle of your current term, let me advise you which option may be best for you.

It may be best to collapse your existing first mortgage (and pay the penalty for doing so) or perhaps get you a “second” mortgage while leaving your first mortgage in place.

Dave Lytton
Dominion Lending Centres Kelowna

Toll Free: 1-866-862-5040
Tel: 250-862-5040
Cel: 250-862-6630
E: dlytton@shaw.ca

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Keowna Mortgage Broker - Dave Lytton