The vice is tightening for many Canadian households!
If your mortgage is maturing this year, you may find the following:
– Your interest rate is higher
– Your payments are higher
– You do not have the option to roll other consumer debt into your mortgage because your home has decreased in value
For some, the news is even more concerning:
– Your private mortgage lender refuses to offer a renewal
– Your institutional lender is making you requalify for your mortgage (rumour has it that Equitable Bank is doing this in some circumstances)
Throw in job losses or marital breakdowns and things look even more bleak.
Best advice I can offer is to seek help early. (Avoid the salesmen…find the problem solvers!)
Andy takes a holistic approach to helping Canadians solve their financial problems. He will take the time to understand your needs and offer practical solutions. Andy is the type of person that will tell you what you need to hear, whether it’s what you want to hear or not. When times are tough you need someone that won’t sugar coat a bad situation.
Reach out to Andy if you would like to set up a time to discuss your needs!
Call or text Andy at: 289-400-3420 or email him at: <http://www.privatedaddy.com/?q=aS95T0sBc2xkbhNTRBhCCh4bEmtdRTBKWg-3D-3D_19>.