Refinance Your Home and Pay Off Your Debt with Jason Anbara of the Ottawa Mortgage Approvals Team
OTTAWA, ON / ACCESSWIRE / September 22, 2021 / There has never been a better time to refinance your home, but did you know that you can also pay off your debt while you are doing it? More and more people are taking advantage of today’s record mortgage rates to pay off their outstanding debts. Here’s why you should too.
How to refinance and repay a debt?
By equity. If you’ve owned your home for 2 years or more, you’ve probably built up some equity. This automatically puts you in a group of people who have an advantage when it comes to paying off debts.
From credit card debt to personal loans and auto loans, the equity in your home allows you to withdraw money and pay off debts that have weighed you down for too long.
What is the refinancing process?
Refinancing your home replaces your current loan with a new one. There are several reasons why people choose to refinance:
To reduce the interest rate
To repay the loan faster
To reduce monthly payments
To take equity
When you choose to take out equity to refinance your home, you will be working with a lender to refinance up to 80% of its value. Based on the appraised value, mortgage brokers can determine the loan amount and the amount you want to take.
If you have debt and at least 2 years of equity, you have the option to tackle any debt that is on your shoulders. Start to free yourself from the burden by talking to an expert.
Refinance Your Home With Mortgage Broker Jason Anbara
Jason Anbara started in the finance industry in 2006. Credit card industry. He started as a mortgage broker in 2011. In 2015, he decided it was time to step out of his comfort zone and work for the client, not the bank.
He founded Mortgage Approvals Ottawa Team, Canada’s # 1 mortgage broker. The mortgage approval company offers financing, private loans, alternative loans and more. He specializes in self-employed people.
With his team of 60 agents under his leadership, Jason works with clients to save them time and money by getting the right mortgage for their unique situation.
Are you ready to maximize your financial opportunities? Contact Jason Anbara today.
Company name: Mortgage Alliance
Contact Person: Jason Anbara
Address: 291, rue Olmstead, Ottawa, ON K1L 7J9
Phone number: (613) 404-4845
Send an email
THE SOURCE: Mortgage alliance
See the source version on accesswire.com: