New to Canada Mortgage Information
This is a great informational video for those folks new to Canada looking to buy or their family or friends.
Playoff Hockey Pool is a go!
Lots of prizes and fun, play against your friends and Don Cherry! All for free!!
Click here to enter!
Coming soon…Playoff Hockey Pool!
Dominion is launching a free playoff hockey pool with massive prizes that should be a lot of fun!
Opens April 15th.
For more details, click here
Good luck!
Is now the right time to consolidate your debts?
Check this out…
The POWER of Consolidation
At the end of 2012, the average Canadian had over $27,000 in consumer debt! High interest debt on credit cards, auto loans and other consumer loans can be difficult to pay off and may create a barrier to your financial goals.
REFINANCE WITH A DEBT CONSOLIDATION MORTGAGE
As a homeowner, one way to start managing some of your higher-interest debt is to refinance your existing mortgage with a debt consolidation mortgage. This allows you to borrow additional money on your mortgage so you can consolidate your debts into one simple payment. Now you can easily budget with ONE balance, ONE low interest rate and ONE lower monthly payment.
Refinancing your mortgage should not only be about getting a better rate – instead, it is important to recognize the power of consolidating debt as well. For example:
| Current Mortgage | $280,000 | $1133/month | 2.70% | 30 year amortization |
| Current Outside Debt | $25,000 | $750/month | 19.99% | 25 years to pay off |
This is a total payment of $1883/month.
The Michael Lloyd team can refinance this mortgage and create the following scenario:
| New Mortgage | $305,000 | $1265/month | 2.89%* | 30 year amortization |
| Outside Debt | $0 | $0 | 0% | 0 years to pay off |
This is a total payment of $1265/month.
Most people would assume that the great 2.7% interest rate is something that a homeowner should leave alone and not move into a higher rate. However, in this case it makes perfect sense. This homeowner will be saving over $600/month!
This homeowner could now save the extra $600/month and have over $7200 available to place onto their mortgage as a lump sum per year making them totally debt free in 17 years!!
*Rate subject to change and used for example purpose only
New Daily Dig pics!
New team member Sirrekka Schoenfeld shared this pic of her “boys”:
Kobe & Chugger
Sirrekka Schoenfeld
Our team is a select group of individuals with varying backgrounds and one core belief…to find the best mortgage plan for our clients.
Sirrekka Schoenfeld
Sirrekka has always had a passion for business and real estate, she found the perfect fit by helping clients with purchasing and refinancing their homes.
Sirrekka enjoys meeting with clients to discover the best solutions for them.
From residential to investment properties, Sirrekka is experienced to help you make the right decisions by recommending a wide range of financing solutions based on your individual needs.
In her spare time, she really enjoys hiking and travelling and reading.
Sirrekka’s intro video:
2 iPad mini recipients!
Congratulations to Colleen & Coltan who both recently chose to get their mortgages through our team and received brand new iPad minis!
Remember, your iPad mini is waiting for you, just refinance your current home or purchase your next home and have us take care of your mortgage financing…check the link in the top right corner for full details.
Michael Anthony Lloyd
Merry Christmas & Happy Holidays from all of us!
Receive a Brand New Apple iPad mini at closing…Limited time offer!
Exciting news!
We have come up with a limited time offer we are all very excited about!
Close your mortgage through us (refinance, first time buyer, move up buyer, renewal/transfer) and you will receive a new Apple iPad mini:
Offer is limited to one (1) Apple iPad mini per household. This promotion cannot be combined with other offers. Offer is only valid for one (1) Apple iPad mini 16GB With Wi-Fi – White & Silver or Black & Slate. To prevent abuse, we reserve the right to discontinue or modify this offer at any time without notice. Offer is for a limited time only.
It’s important to make a change now, rates are at all time lows, some flexibility is still available through some lenders, and you can start saving now…please do!
Michael Anthony Lloyd
Email mike@cmexp.com
Ph. 604-341-8775 or toll free 1-888-536-8208
Mortgage Application here
