I love supporting other businesses.
As a Realtor – my clients trust me for recommendations for almost everything! Of course, I get asked for “common” real estate service providers like home inspectors, mortgage brokers, condo document reviewers and lawyers – but also things like cleaners, painters, deck builders, insurance companies, bakeries, schools and even restaurants!!!!!
My job is a privilege – because I get to know people SO well. I have also lived in Calgary my whole life – so I am connected to almost every industry. And if I can’t find someone in my circle – I know where and who to ask!
I have decided to use Karen’s Korner – to showcase some of the Trusted Resources – I have listed on my webpage:
https://clientfirst.ca/team-resources/
Choice Mortgage Group
hello@choicemortgagegroup.ca
(403) 390-9150
Have you considered refinancing as an Option?
In today’s tough economic times, often, many people find that they are carrying more debt than they want.
If you are carrying more than $20,000 of credit card debt and struggling to pay off, you should consider refinance as an option.
$20,000 at 19.99% interest is $3998 paid in interest annually.
Vs.
$20,000 at 7% interest is $1400 paid in interest annually
If you were to refinance this – and add it to your mortgage – at even 7%, that same $20K would cost you $1400 in interest annually.
That puts $2598 back into your pocket!!!
You can put that money back onto the principle of your mortgage or towards other things that would benefit your family – rather than pay it to interest.
You are able to refinance up to 80% loan to value and extend your mortgage out to a 30-year amortization. Extending the term can also reduce your monthly costs.
Some other reasons to consider refinancing your home are:
1) To pay or consolidate debt
2) To shorten your term to pay off early or extend to lower monthly costs
3) Cash flow to buy a 2nd home, rental, or vacation property
4) To get a lower (if available)
There will be costs to consider when refinancing:
1) Appraisal cost
2) Legal costs
3) Penalties for breaking mortgage contract if applicable
Often, these costs can be rolled into the new mortgage, so you don’t have to pay out of pocket.
Please reach out if you think that refinancing may be an option for you, and we can investigate.
There are always options, and I am here to help.