Mortgage Moment
An Ontario couple wanted to consolidate their debts and refinance their mortgage. They had several thousand dollars in consumer debt along with their mortgage and a secured line of credit that was almost at its limit. Monthly Debts were $2,700/month and an income of only $45,000 between both of them. Mortgage Solution: all debts were paid out with mortgage proceeds and we used a Lender that utilized a 35 year amortization 5 year variable mortgage term. Annual savings of over $17,000! | GLM
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