TD jacks up home credit lines
http://www.thestar.com/business/article/699446
Calling all TD Bank clients who received their notices about their secured credit lines going up to Prime +1.00% effective Nov 16 or any other clients who are sitting with significant balances on their existing credit lines, there is a way to actually shift that debt to a Prime Minus position once again.
I really enjoyed some of the comments found at the bottom of that article…
Are you aware that a 1.00% increase to a credit line that was previously at 2.25% represents a 45% increase in rate….
We have one lender who is leading the markets who has brought back the Prime Minus mortgage.
Please call me for more information.
Thanks,
David Kendall
Mortgage Agent
License # M08004045
211 York Road, Unit 3, Dundas, Ont. L9H 1M9
OAC Mortgages Brokerage License # 10928
An independently owned and operated franchise of the Mortgage Alliance Network
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Mortgage Alliance Oac Mortgages
As a registered franchise of the Mortgage Alliance Network, we have a number of mortgage professionals who can bring you the choice, convenience, and counsel you need to get the RightMortgage®. Working with over 40 lenders (some offered exclusively through brokers) we'll provide unbiased guidance in your mortgage decision.
We are legislated by the Ministry of Finance FSCO and our brokerage license is 10928.
We are dedicated to educating our clients about their mortgage! We want you to be well informed and comfortable with the mortgage you have and the options available to you. This blog is intended to offer information, updates, current mortgage products and current rates.
Please provide your feedback and let us know if there is anything else we can provide to help you in your mortgage process.
We are legislated by the Ministry of Finance FSCO and our brokerage license is 10928.
We are dedicated to educating our clients about their mortgage! We want you to be well informed and comfortable with the mortgage you have and the options available to you. This blog is intended to offer information, updates, current mortgage products and current rates.
Please provide your feedback and let us know if there is anything else we can provide to help you in your mortgage process.
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