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Refinance
Home
Refinance
Maurice Kwok
April 11, 2022
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What Are You Looking For?
Refinance for a Larger First Mortgage
A HELOC (a Secured Line of Credit)
A Regular Second Mortgage
What Type Of Property Do You Have?
Single Detached House
Semi-Detached or Freehold Townhouse
Leasehold Townhouse
A Condominium Unit
How Is This Property Being Used?
Principal Residence.
Investment Rental Property.
Second Home.
Do You Have A Mortgage On This Property?
Yes, I have an existing mortgage.
I have both a first & second mortgages.
No, I am mortgage free & clear.
What Is The Approximate Market Value of Your Home?
Below $500,000
500,000-800,000
800,000-1.2 million
Over $1.2 million
I have no idea.
How Much Equity (Market Value - Outstanding Mortgage) Do You Have?
Within $200,000
200,000-500,000
500,000-800,000
Over $800,000
I have no idea.
How Much New Money Do You Want To Borrow?
Within $100,000
100,000-200,000
200,000-400,000
Over $400,000
I have no idea.
How Much is Your Annual Combined Income?
Below $80,000
80,000-120,000
120,000-180,000
Over $180,000
I am a self-employed running a business for over 2 years.
What is the Purpose of the New Fund?
Pay off existing credit cards and personal loans
Use it to renovate the existing home
Use it to as a down payment to buy a rental property
Use if for other personal use.
What Is Your Credit Score?
Excellent - above 720
Good -680- 720
Fair - 650-679
Below average - 600-649
I don't know my credit score.
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