- There’s Good Debt and Bad Debt
- Manage all of Your Debts
- Finding the Best Mortgage at the Best Rate
- Coming up to Renewal Time?
- A Wide Variety of Mortgage & Financing Solutions
Why pay interest of 19% on your bank’s credit card debt when you can add that debt to your mortgage and pay a much lower interest rate. Sometimes it makes sense to refinance to lower your interest payments, let us help you do the math.
Call Alex or Deanna Novik and find out whether:
- You can consolidate your debts into one low mortgage payment
- It pays to break your mortgage
- You can borrow that extra cash for renovations or other big plans
Often a new mortgage may be the best way to manage all of your debts. Moving your high-interest debt into a lower-rate mortgage is a great way to save on your overall interest costs, improve your cash flow, and begin the process of improving your credit rating. It’s great news that the right mortgage can help establish your reputation for credit-worthiness.
Finding the right mortgage refinancing or debt consolidation for you is our business. We know which lenders have the best rates and we negotiate with multiple lenders at one time. What’s more, we know the system and have the industry knowledge required to present a proposal for financing to lenders to successfully obtain mortgage financing, and we do all the paperwork.
Plus, Novik Financial are compensated by lenders, and in most cases we offer our services free of charge to our clients
When a term is coming to a close, most banks will send a mortgage renewal notice in the mail usually one to two months prior to the term expiration. Unfortunately, the banks only tend to offer you their posted rate with very little or no discount and only have one financial product to sell: Their Own. Almost 60 percent of people renewing their mortgage, sign this renewal without researching what the competition has to offer. At Novik Financial, we’re here to offer you advice so you can take advantage of the competitive mortgage market. Quick mortgage tip…transferring your mortgage to a new lender with better terms and a better interest rate won’t cost you a dime! The new lender will cover all of your costs. Ask yourself “Would I get better mortgage rate by having access to one or over 40 lenders?”
At Novik Financial we do all the leg work for you and we can guarantee you a rate Four months in advance of your renewal date which can save you thousands of dollars in interest costs and contribute to your bottom line, not your bank’s.