Equity financing gives Canadian home owners real money management options

Many Canadians have a large amount of equity built up in their existing homes. There is a full range of mortgage options that are available enabling you to tap into this resource. This extra cash can be used toward:

• Debt Reduction
• Rental/Investment Property
• RRSP/Mutual Funds
• Education
• Renovations

Here are some of the options available to Canadian home owners:

• Canadian Mortgage Insurance Premiums
• Increases made to Debt Coverage Ratios
• 25, 30, 35 Year Amortization
• 80% Home Equity Line of Credit
• 95% Refinance Mortgage
• 95% No Proof of Income Refinance Mortgage (Alt-A Program)
• 75% Stated Income Equity Refinance Mortgage (Flex Equity Program)
• Second Mortgage