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Unfortunately, many homeowners still assume that getting a second mortgage is your only choice. With rates starting around 10% and as high 15% for a 2nd mortgage, this is not always the best solution. Today, you can top up your existing mortgage to incorporate those debts and remove the debt load without having to take out a second mortgage. Why would you choose that expensive avenue over refinancing when today's rates at all time lows.

How Much Can You Borrow?
When you refinance your home loan, you can borrow up to 85% of the loan-to-value in your home (LTV is the ratio of what your house is worth and the amount of financing).  At Residence Financial Inc. we will guide you through an easy process to get you on the road to a debt free lifestyle!

How we do it?
We simply replace your existing mortgage and increase it to cover the debt’s you would like to pay off. With today’s rates at all time lows, you will actually save money over your mortgage term.
Call 1-877-326-2413 or email info@MortgageWyz.com

 
     

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