Specialized Solutions
YOU HAVE OPTIONS
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Reverse Mortgages
2nd Mortgages
Investment & Vacation Properties
Debt Consolidation
Commercial Mortgages
Reverse Mortgages
Reverse Mortgages
Thinking about using your home equity to accomplish some of your goals?
You now have a choice when it comes to Reverse Mortgages… and we know it just feels better when you have options. Your reverse mortgage must be repaid when the last remaining homeowner leaves the home, which generally happens through sale of property where the proceeds are used to pay back the loan. You can use a reverse mortgage for things like
Paying off debt
Covering everyday expenses
Making renovations
Supporting your family
Paying for in-home care
Investing
Tim will be happy to walk you through all of your options and the aspects of this program to see if it’s right for you.
Second Mortgage
What is a Second Mortgage?
If you’re a homeowner, a second mortgage could be useful for you to finance large purchases such as a new vehicle, college, or even a down payment on a second home.
The Second Mortgage program gives you additional flexibility of allowing a second mortgage to be registered against your property. This loan will be made in addition to your primary mortgage.
Second mortgages often have interest rates that are slightly higher than first mortgages, but lower rates than a credit card payment or a personal bank loan. Tim is knowledgeable with the different programs available and is sure to find you the best interest rates for your second mortgage.
Second Mortgage
Second Mortgage
Second Mortgage
What is a Second Mortgage?
If you’re a homeowner, a second mortgage could be useful for you to finance large purchases such as a new vehicle, college, or even a down payment on a second home.
The Second Mortgage program gives you additional flexibility of allowing a second mortgage to be registered against your property. This loan will be made in addition to your primary mortgage.
Second mortgages often have interest rates that are slightly higher than first mortgages, but lower rates than a credit card payment or a personal bank loan. Tim is knowledgeable with the different programs available and is sure to find you the best interest rates for your second mortgage.
Investment & Vacation Properties
Investment and Vacation Properties
What’s the Difference between a Vacation and Investment Home?
With a Vacation/Secondary Home Program, Tim will help you purchase a second home with an affordable payment.
A Secondary Home becomes an Investment Property when you decide to rent it out for the majority of the year and Tim will help you determine you’re best options to qualify for this program.
Whether you want to finance a Vacation Home or Investment Property, Tim has the knowledge to set you up with the best mortgages and interest rates.
Debt consolidation
Debt consolidation is a debt repaying strategy
Moving your outstanding credit balances to one low-rate payment could save you money and time.
If you have:
Multiple Credit cards or Loans
Low Credit Score
Leverage the Equity in your home
Improve cash Flow
If you have been refused a consolidation mortgage due to:
Low Credit Score
Not enough equity
Limited income
CRA or bank judgments or liens registered on property
Tim has the tools, and resources to support developing a custom plan to help you be successful with your money.
Debt consolidation
Debt consolidation
Debt consolidation
Debt consolidation is a debt repaying strategy
Moving your outstanding credit balances to one low-rate payment could save you money and time.
If you have:
Multiple Credit cards or Loans
Low Credit Score
Leverage the Equity in your home
Improve cash Flow
If you have been refused a consolidation mortgage due to:
Low Credit Score
Not enough equity
Limited income
CRA or bank judgments or liens registered on property
Tim has the tools, and resources to support developing a custom plan to help you be successful with your money.
Commercial mortgages
Commercial mortgages
What is a commercial mortgage?
Commercial Mortgages are designed for businesses and investors who wish to purchase or refinance commercial, income-producing properties and offer a flexible way to raise capital.
Some common commercial mortgage products provide funding for:
Income properties
Multi-residential properties
Bridge financing
Restaurants
Industrial properties
Office properties
Self-storage
Retail malls
Raw land financing
Startups financing
Debt consolidation
"Each office independently owned and operated Dominion Lending Centres Valko Financial Ltd. | FSRA# 13047"
"I have done all my mortgages with Tim and send all my clients to him. He truly is the best, he is a clear and concise communicator and takes the time to explain the options and gets you the best rate."
Christina. R
Contact Info
Address:
137 Glasgow St.
Suite 210, Office 167
Kitchener, ON
N2G 4X8
Phone:
(519) 497-0512
Email:
tim.bloomfield@valkofinancial.ca