Goldie Kalra Bespoke Mortgage

Typically there are two main reasons that you may want to consider debt consolidation:

✅Lower high-interest credit debt
Debt consolidation allows you to reduce high-interest credit debt (like a credit card of 19.99%) by rolling it into a lower-interest rate loan/product.
✅Simplified debt payments
When you have multiple sources of credit, it can be difficult to keep track of all of your payments when they have different amounts due on different days. Debt consolidation allows you to roll all of these sources of credit into one easy payment.

So, how does this work?

To consolidate debt with a mortgage, you will need to refinance your current mortgage, take out the equity you have built up, and then use it to pay back the loans/debt that you wish to consolidate.

It’s important to note that there is a limit to the amount of funds you can access from your mortgage. The maximum amount you can access is 80% of the appraised value of your home minus the balance remaining on your mortgage.

Benefits of Debt Consolidation

Now that you know what debt consolidation is and how it works, let's take a look at the benefits that it can provide.

✅Lowers interest rates for all your debts: Lower interest rates mean lower monthly payments. Who doesn't want that?

✅Frees up cash flow: The lower monthly payments brought on from debt consolidation will help free up your cash flow.

✅Improved credit score: Debt consolidation allows you to pay off loans faster, which benefits your overall credit score.

✅Simplified payments: When you have multiple loans/debts, keeping track of all the payments can be difficult. Debt consolidation makes payments easier by rolling them into a single payment.

Give us a call today to explore debt consolidation options.

Goldie Kalra
6478879014

Check our latest blog on eligible Federal and Provincial tax savings.
https://gopineapple.com/resources/its-tax-time

We see all kinds of credit ratings every day and there are strategies to help improve and even heal damaged credit. You may be surprised to know that you can still obtain a mortgage. Whether you've had a bankruptcy or your credit is only slightly bruised, you can still obtain financing.

We have access to non-traditional lenders who offer financing solutions to individuals who have some credit challenges that cannot be addressed by the major financial institutions. Together we can quickly assess your situation and decide on the best way to move forward. The worst you can do is do nothing.

Call or email today for full details and a FAST mortgage pre-approval!

647.887.9014 or [email protected]

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What is refinancing a mortgage?

Let’s look at some scenarios that may prompt you to consider refinancing your mortgage:

The opportunity arises to decrease your mortgage costs by lowering interest rates
You’d like to access your home’s equity in order to:

✅Make a big ticket purchase like a car, boat, or vacation property
✅Purchase a rental property
✅Start a business
✅Take part in an investment opportunity
✅A spousal buyout in the event of a divorce
✅Changing from a fixed to a variable rate mortgage
✅To pay off your mortgage faster
✅To pay off high interest loans

Call us for a free consultation 647-887-9014

Low rates and excellent options for self-employed individuals looking to get mortgage financing.
When it comes to mortgages, it hasn't always paid to be self-employed namely because reducing your taxable income can make it difficult to qualify for the mortgage you deserve.

We work with lenders that offer excellent mortgage options for self-employed Canadians. These lenders understand that self-employed individuals have tax write-offs creating significant reductions in their declared income. With these mortgage lenders, you will not be required to prove your income and a reasonable estimate of your annual income will be acceptable.

We're here to help you beat the banks ... Give us a call today 647-887-9014

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There are more products than just Fixed & Variable!? Yes, there are many different options out there for you and some might fit your needs even better than the traditional fixed and variable! Luckily for you, I have access to all of them 😎

Lets chat today, and get the best product for you!

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Visit our weekly blog @ https://gopineapple.com/how-and-when-to-lock-in-your-mortgage-rate/

Happy Victoria Day!

What's a reverse mortgage? Is it right for you? Let us guide you through the process of determining if a reverse mortgage is right for you.

For more details about reverse mortgages:

📞 (647) 887-9014

📩 [email protected]

https://mortgagebridge.gopineapple.com/goldiekalra

Are you having difficulty securing financing due to a low credit score. Talk to us and let us help navigate you through the process and provide you with options on securing the financing you need. We can help with mortgages, loans or lines of credits. Call us today @ 647-887-9014.

Receive up to $3000 cash back on a new TD Mortgage. Call us today to find out more 647-887-9014. Terms and Conditions Apply