Avanti Financial Services Inc. - Mortgage Products

By: Avanti Financial  09-12-2011
Keywords: Mortgage, credit card


First Time Buyers

There's nothing more exciting than buying your first home.

For couples, it represents an important step toward building a life together. For others, it's the most enjoyable investment you'll ever make.

But it can also be a little scary. So we've spent some time answering some of your most common questions. And we'll spend even more time sitting with you, discussing your needs, explaining all the options, making you feel completely at home about the whole process.


Mortgage Renewal

When your mortgage term is coming up for renewal, most banks will send a renewal notice in the mail. Generally this notice is sent 30 days before the mortgage is due and the rate is an undiscounted posted rate. Amazingly enough, 60% of Canadians sign this renewal form without research or seeing what else is available in the marketplace.

With over 40 Major Canadian Lenders to choose from , we do all the work for you, free of charge! Simply put, our purpose is to shop for the best mortgage to fit your specific needs and the Lenders will bid for your business.


Mortgage Refinancing

With today’s low Mortgage rates and rising property values, many Canadians are choosing to refinance their existing mortgages and use the equity in their homes pay off credit card and loan debt.

Now is a great time to consolidate all of the high interest bearing loans and credit cards and dramatically decrease your monthly payments.

In order to take advantage of this program you must be a home owner and have at least 10% equity or more in your home.


Debt Consolidation

With today’s low Mortgage rates and rising property values, many Canadians are choosing to refinance their existing mortgages and use the equity in their homes pay off credit card and loan debt.

Now is a great time to consolidate all of the high interest bearing loans and credit cards and dramatically decrease your monthly payments.

In order to take advantage of this program you must be a home owner and have at least 10% equity or more in your home.


Variable Rate Mortgages

Variable Rate Mortgages are open Mortgages.

With Variable Rate Mortgages you can:

  • You can fix your payments for up to two years in advance, but the interest rate may change from month to month, depending on market conditions.
  • Your monthly payments will remain the same, but the portion of the payment that's applied to reducing the principal can vary.

When interest rates are on their way down, a variable-rate mortgage could end up saving you thousands of dollars. But if rates go up, more of each monthly payment will go toward paying the interest.

Variable-rate mortgages are only available for terms of one or two years. Because they are open, you can pay them off--or convert to a fixed-rate mortgage--at any time without interest penalty.

Keywords: credit card, Mortgage