Tony Chau, AMP
Mortgage Agent
FSCO Lic # M09000861
Direct: 647.219.1697
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Equity Take-Out
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CURRENT RATES AS LOW AS... |
________________________________________
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| 2.85%* |
3.09%* |
Variable/Closed
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5-Year Fixed/Closed
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Looking For A New Home ?
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When you have built up sufficient equity in your home, you can do an Equity Take-Out (i.e. take
money out) from your property. In doing so, you increase the principal value of your mortgage.
The money you have "taken out" from the Equity Take-Out can be used for any other purposes that you may see fit.
Some common uses of the money obtained from an equity take-out is used for investment purposes, such as:
Investment in other real estate properties.
Investment in the stock market, bond market, etc.
Purchasing a cottage, or other recreational properties.
Starting up a small business.
For other investment and tax planning purposes, like contributing to your RRSPs (Registered Retirement Savings Plans),
RESPs (Registered Education Savings Plans), TFSAs (Tax Free Savings Account), etc.
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Looking For A New Home ?
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* Mortgage Rates: Certain Terms And Condtions Apply. O.A.C.
Rates Subject To Change Without Notice.
Please inquire for Special Promotional Rates.
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