Get Cash from Your Home PDF Print E-mail

Use your home equity to your financial advantage! If you've built equity in your home, why not put it to good use with a cash-out equity loan from MortgageClub.ca? The equity you have in your home can act like a savings account that you could access through a home equity loan or a cash-out refinance. This is usually done when you want to finance an important home improvement, pay for college or pay off high-interest credit card debt. Whatever your reason, this may be the right option for you.

Here are some of the benefits when you choose a cash-out equity loan.

Access your Home's Equity to Finance your Needs

  • Get money out of your home and use it for anything you want.
  • Make repairs or home improvements and increase the value of your home.
  • Pay for college tuition, pay off high-interest credit card debt, or buy a vacation home. You can even use it as an alternate source of income.
  • Buy a second Home or an investment property

 

Calculate Your Refinance Payment

  • Enter your current mortgage balance and monthly payment into our online calculator as well as how much cash you want to take out and it will show you your new monthly payment.

 

Debt Consolidation

The valuable equity that you may already have in your home can be used to consolidate high interest credit card debts. Consolidating your credit card debt into a new, low interest-rate mortgage will save you 10-12% on interest charges.
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Lenders We Work With

We will help you find the mortgage that is right for you. With over 30 major Canadian Lenders to choose from, we can secure you the best mortgage rates and mortgage products in Canada.

 

Our Professional Membership

CAAMP members are Canada's top mortgage professionals. With over 12,000 members in over 1,400 companies making up the largest network of mortgage professional in the country.

 

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