Just what is an Equity Take Out or ETO?
An ETO (Equity take out) is simply pulling out the available equity in your house. An equity take out can be done in lots of different ways. For example, you could refinance your house and take out your equity this way or you could get a 2nd mortgage or you could look at a home equity line of credit. There are advantages and disadvantages to each of the methods described above. If you are considering this, first and foremost use a Mortgage Broker. There are lots of companies out there that claim to be able to get money regardless of your credit rating and income. As these companies might be able to do this, you may qualify for a much better option. I will make sure to customize a solution to suit your needs. We also have mortgages for poor credit.
With an Equity Take Out you can reduce monthly payments
Are you finding you don't have anything left over at the end of the month after paying all those monthly bills? Use the equity you have built in your home to help manage your debt. Consolidation can help you manage your monthly cash flow and relieve the financial pressure. I can help you with debt consolidation, and show you mortgage options that will help you regain control.
With an Equity Take Out you can pay off high interest credit card debt
Are you only making minimum monthly payments on your high interest credit cards, loans or lines of credit? Now is the time to take advantage of the equity you have in your home and pay down your high interest debt while actually saving thousands.
With an Equity Take Out you can Plan and build for your financial future
No extra cash available to help build your financial future. We can help you free up cash so you do have funds to invest for your retirement and your family's financial future.
Take out equity for almost any purpose!!
- Take a vacation
- Buy a vehicle
- Renovations for your house
- Get your house out of foreclosure
- Pay off Revenue Canada
- Pay off your property taxes
- Get rid of collections and judgement
- New Business
- Investments
- Second Properties
- Contact me for additional options
Please check out Equity Take out Mortgages on my website for more information.
Shawn Mooney |Bayfield Mortgage Professionals Ltd.
Broker of Record
Your Mortgage Broker for Life
Bus. # 403-945-8769 | Mobile # 403-828-1838
Email: mortgages@shawnmooney.com
Website: www.shawnmooney.com
Some conditions apply. O.A.C.
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