CRYSTAL ROSS
Mortgage Agent M09002282

Crystal Ross
Mortgage Agent
M09002282
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Work Phone: (613)627.1048
Cell Phone: (613)277.3221

Refinance Your Property

Mortgage refinance is becoming a popular financial remedy, especially for those who are burdened by large monthly installments or multiple debts. Mortgage refinance can prove beneficial in several ways:

Helps obtain a lower fixed rate
The interest on a fixed rate mortgage that you took several years ago may have dropped drastically. Refinancing the existing mortgage will entitle you to avail of the reduced interest rate.
Convert an Adjustable Rate Mortgage into a Fixed Rate Mortgage
The interest rates on an adjustable rate mortgage (ARM) might be low initially, but the fluctuations are unpredictable. Many find these constant variations in the interest rate taxing and prefer to refinance the mortgage into a secure, fixed rate one.
Consolidating multiple mortgages into one
Paying the installments of two or more mortgages at the same time can be quite a burden for most individuals. The best solution in this case is to consolidate the multiple mortgages into one, with a fixed monthly interest rate and a longer repayment duration.
Pay off other debts
The proceeds from your refinanced mortgage can be used to pay off credit card bills and other similar expenses. Since mortgage interest is 100% tax deductible, you end up saving a considerable amount.
Make cash provisions for emergency situations
You can refinance your existing mortgage to free a larger amount of cash, depending on your home equity. Since a mortgage is a secured loan, the interest applied is considerably lower than that of an unsecured loan.

VERICO Capital Mortgages Inc helps you decide whether it is the right time for you to refinance. The decision to refinance should be carefully evaluated to avoid any complications at a later stage. By carefully studying the status of your current mortgage and comparing it to your income and other debts, we help you pick the refinance solution that best suits your current financial status.

VERICO Capital Mortgages Inc offers some of the lowest and most competitive mortgage refinance rates in the market. Regardless of your requirement, whether it is to consolidate existing mortgages or obtain a better rate, we get you the best deal possible. Our experienced mortgage professionals, who have extensive knowledge of the mortgage industry, will provide the necessary guidance that you need in making the right refinance decision

Mortgage Details

Purpose/Type of Loan:*		Value of Home:*
Mortgage Amount Required:*		Funds Required On:
Down Payment:		Credit Confirmation:
Do you have a real estate agent?:

Primary Applicant

Personal Information
First Name:*		Last Name:
Email:*		Marital Status:
S.I.N:		Age:
Date of Birth:		Phone Number:*
Address Info
Present Address:		City/Town:
Province:		Postal Code:
Residential Status:		Mortgage Payment/Rent:
How Long at Present Address:
Previous Address
Employment Information
Current Employer:		Position:
Occupation Type:		Industry Sector:
How Long at Present Employment:	(Years)	Phone:
Monthly Income:		Employer Address:
Years in Line of Business:		Type of Income:
Other Income Source:		Other Income Amount:

Co-Applicant

Personal Information
First Name:		Last Name:
Marital Status:		S.I.N:
Phone:		Age:
Date of Birth:
Address Info
Present Address:		City/Town:
Province:		Postal Code:
How Long at Present Address:
Previous Address
Employment Information
Employer:		Position:
Occupation Type:		Industry Sector:
How Long at Present Employment:	(Years)	Monthly Income:
Phone:		Employer Address:
Years in Line of Business:		Type of Income:
Other Income Source:		Other Income Amount:

Property Information

Unit #:		Street
City		Province:
Postal Code:		Property Age:
Type:		Dwelling Style:
Livable Area:	Units:
Lot:	Width: X Depth: Units:
Garage Type:		Garage Size:
Estimated Property Taxes:		Estimated Monthly Heating:
Estimated Monthly Condo Fees:		Occupied By:

Financial Information

Assets
Type	Where/Financial Institution(s)	Amount / Value
Cash Savings
Deposit on property being purchased (if applicable)
Automobile Present Value
Value of Present Home (if owned)
Stocks, Bonds, Mutual funds etc.
RRSP's
Others
	Total Amount:

Liabilities
Type	Where/Financial Institution(s)	Balance Owing	Monthly Payment	Help
Debts / Loans
Credit Cards
Owing on Automobile
Amount owing on current mortgage(s) - 1
Amount owing on current mortgage(s) - 2
No. of Current Mortgage(s)
Finance company loans and other debts
Alimony / Child Support
Total:
Net Worth (Total Assets - Total Liabilities):

Additional Comments

Privacy Statement

I/we warrant and confirm that the information given in the mortgage application form is true and correct and I/we understand that it is being used to determine my/our credit responsibility. You are authorized to obtain any information you may require for these purposes from other sources (including, for example, credit bureau) and each such source is hereby authorized to provide you with such information.

I/we also understand that the information given in the mortgage application form as well as other information you obtain in relation to my credit history may be disclosed to potential mortgage lenders, financial intermediary and mortgage insurers, organizations providing technological or other support services required in relation to this application and any other parties with whom I/we propose to have a financial relationship. Online Applications Please read the paragraph above prior to sending completed application.

By transmitting the online mortgage application you are accepting the terms of the paragraph noted above.