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Finance - Laurie Baird
Refinancing your home provides you many options!  (Photo: Flickr user, thetruthabout)
Refinancing your home provides you many options! (Photo: Flickr user, thetruthabout)

Refinancing provides many options

by Contributed - Story: 46976
May 16, 2009 / 5:00 am

You've heard it before and we will hear it again: there is no time like the present to refinance your home!

In these economic times the opportunities to turn that equity in your home into that project you have been talking about can be made a reality. Whether this is a renovation on your home, purchasing a revenue property or a child’s education we can help you put the wheels in motion. The government has announced the Renovation Tax credit which allows you up to $1350.00 in tax savings and we are seeing a slowing in the construction trades so that new kitchen is only a few steps away.

Refinancing offers a number of benefits that can also change your cash flow and make your life easier and more enjoyable! It can:

  • Put extra cash in your pocket now by generating a lower monthly payment

  • Save you thousands of dollars over the life of the loan, due to a likely decrease in your interest rate

  • Often allow for a shorter term, if that's what you desire - which means that you'll be paying less toward interest, and more toward principal (and sometimes, you can still receive a lower monthly payment).

    It's time to seize the day, and to start putting your hard-earned money to good use by refinancing your home.

    Call your mortgage professional today so that they can discuss your refinancing options. You have nothing to lose, and everything to gain!





  • About the author...

    Laurie Baird is an Accredited Mortgage Professional (AMP) with Verico Complete Mortgage Services. She has been in the mortgage business for 17 years starting as a lender with Royal Trust. She later worked at Royal Bank as a Mortgage Consultant and 11 years ago became a Mortgage Broker. As a Mortgage Broker she is able to match her clients needs with a lender who will provide them with competitive rates and products. Laurie has a Bachelor of Education degree from UBC.

    Contact her at 862-1802 or by fax 712-0209 or visit: http://www.okanaganmortgages.com/

    Visit Laurie's blog at: www.okanaganmortgageteam.blogspot.com






    The views expressed are strictly those of the author and not necessarily those of Castanet. Castanet presents its columns "as is" and does not warrant the contents.



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