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Mortgage Refinance

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Ang pagiging matalino sa iyong pera ay may katuturan. Ang aming Coast to Coast na pinagkakatiwalaang Mortgage Broker ay tutulong sa iyo na magpasya kung ito na ang tamang oras para sa muling pagpopondo ng mortgage. Ang desisyon sa muling pagtustos ay dapat na maingat na suriin upang maiwasan ang anumang mga komplikasyon sa susunod na yugto. Sa pamamagitan ng maingat na pag-aaral sa katayuan ng iyong kasalukuyang mortgage at paghahambing nito sa iyong kita at iba pang mga utang, tinutulungan ka naming pumili ng solusyon sa refinance na pinakaangkop sa iyong kasalukuyang mga pangangailangan sa pananalapi.

Mayroong maraming mga dahilan kung bakit maaari mong iniisip na muling financing ang iyong mortgage.

  • Purchase Plus Improvement Purpose and Maximum Limit of the loan
    Purchase transactions: 1 & 2 units: 95% LTV (includes both purchase & improvement amount) 3 & 4 units: 90% LTV ( includes both purchase & improvement amount) Multiple advances to a maximum of four (excluding initial purchase advance) are permitted. Advances managed by lender or by Genworth Canada if improvements exceed $40,000 or 20% of initial value. Lending value is based on the lesser of the improved property value or the sum of the purchase price plus direct costs of the improvements.
  • Eligible Properties
    Maximum 4 units where 1 unit must be owner occupied. New construction covered by a lender approved New Home Warranty Program. Existing resale properties. Readily marketable residential dwellings, located in markets with demonstrated ongoing re-sale demand. Estimated remaining economic life of the property should be a minimum of 25 years.
  • Terms / Qualify Interest Rate
    Fixed, standard variable, capped variable and adjustable rate mortgages are permitted For loans with fixed rate terms greater than or equal to 5 years, the contract rate is used For loans with fixed or variable rate terms less than 5 years, the qualifying interest rate is the greater of the contract rate or 5-yr benchmark rate
  • Borrower Qualification
    Existing requirements related to income, down payment and credit worthiness apply. Gifted down payments from immediate family member can be used, provided they are properly verified, non-repayable and all other characteristics of the borrower are acceptable. Government grants may be considered if pre-approved by Genworth. For specific qualifications related to 3 & 4 unit properties refer to Homebuyer 95 Product Overview.
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