Understanding your needs and requirements when renewing your mortgage is just as important as the first time you sought out a financing solution. Unfortunately, most bankers will simply recommend the same type of mortgage that you currently have and offer the posted rate. But this is not always the right solution for you.

A renewing mortgage is a perfect time to negotiate your terms and rates based on your current needs. It’s important to know that you don’t have to simply accept the renewal options provided by your lender – consider your options and what is best for YOU!

With access to over 50 lenders products and non-posted rates, you’ll have Christina’s negotiating power behind you as she shops the market for you, ensuring you get the best rate possible with your existing lender or with a different one.

A few things to consider when renewing your mortgage:

• It’s best to contact Christina about four months before your renewal date so she can begin researching the market for products, interest rates, lenders and new, innovative solutions that may benefit your needs.
• Mortgage renewals are a great time to re-evaluate your current needs and financial goals, such as whether you should refinance or pay down your principal.
• New mortgage products and features are introduced all the time and Christina has access to these changes and will be able to guide you to the features and products that work best for you.
• Your renewal is the perfect time to negotiate the absolute best mortgage for your needs – whether you want the lowest possible rate, the most flexible pre-payment options or the ability to access the equity in the near future.

Ready to renew? Book a FREE 20-minute consultation with Christina!

Mortgage refinancing can come with several advantages – securing lower interest rates or consolidating debt into one loan with one interest rate, which can be highly beneficial for those seeking to repair their credit.

Refinancing can also be a good option for leveraging your home’s equity for renovations, investments, your kids’ education, debt consolidation and so much more.

Some of the benefits of refinancing your mortgage:

• Lowering your interest rate is one of the best reasons to refinance.
• When interest rates drop, consider refinancing to shorten the term of your mortgage and pay significantly less in interest payments.
• Switching to a fixed-rate mortgage—or to an adjustable-rate one can make sense depending on interest rates and how long you plan to remain in your current home.
• Tapping into the equity in your home or consolidating debt are other reasons to refinance.

Christina is an expert in her industry at helping her clients manage bruise credit, debt consolidation and credit repair – book a FREE 20-minute consultation with her if you would like more information.

Short-term secured options are short-term loans, usually, 6-24 months that are secured by real estate and the loan payments are usually interest-only or amortizing.

Traditionally, these types of loans are used as a ‘means-to-an-end’ when you need funds for a short period of time to support a fix and flip, construction or land loan when you have bruised credit and need interim financing.

While short-term secured options are available at traditional banks, private lending is often the solution as it allows you the ability to get ‘in and out’ as quickly as possible, which is usually the best exit strategy for these types of short-term loans.

Christina has access to a wide variety of short-term secured lenders and knows the best strategies to help you achieve your financial goals.

Want to learn more? Book a FREE 20-minute consultation with Christina.

Unfortunately, every financing scenario doesn’t fit inside a tidy little box or tick off all the boxes that your banker asks for.

Christina is recognized as an industry expert in identifying and developing solutions those in need of credit repair, are self-employed or have bruised credit – Christina can find alternative loan options for your unique situation and guide you on getting back on track.

Unfortunately, bankruptcies, as difficult as they may be, happen all the time. Repairing and maintaining credit post-bankruptcy can be one of the most frustrating and time-consuming financial struggles – Christina can help you navigate your way back to good credit with compassion.

Book a FREE 20-minute meeting with Christina if you would like to discuss your unique needs.

A consumer proposal is a legal settlement agreement – a “proposal” or an offer to pay creditors a percentage of what is owed to them or extend the time you have to pay off the debts, or both. A consumer proposal (CP) remains on your credit report for three years once you have completed your CP terms.

One of the main benefits of a CP is that it allows you to repair your credit in an achievable way. Over the three-year period it is important to show the credit bureaus that you have borrowed money and successfully paid it back in order to improve your credit.

It makes sense to start small when it comes to credit rebuilding to ensure you don’t fall into the same situation that landed you in trouble previously.

Christina recommends a secured credit card with a smaller limited (where you put down a small deposit and the card issuer grants you a slightly larger credit limit) since this may be easier to obtain.

If you have already spoken with Christina about what is needed to obtain a secured Visa, or are interested in applying for a No Fee or Low Rate secured Visa, you can do so here:

No Fee 

• No annual fee to have this card
• 19.99% Interest rate for both purchases and cash advances

 Low Rate 

• Annual fee of $59.00 (additional fees for co-applicants)
• Interested rate of 14.99% on purchases and 19.80% on cash advances

It’s very important to be aware that rebuilding credit after a Consumer Proposal takes time and the only way to repair bruised credit is by having responsible and consistent credit behaviour over time.

Interested in learning more about repairing your credit after a Consumer Proposal? Book a FREE 20-minute consultation with Christina!