New Year & New Goals

It is that time of year where people set goals for themselves.

For many people I speak to at the start of the year it is the year that they want to take control of their finances. This is not something you should be afraid of and if you have been ignoring the bills coming in I assure you that you are not going to get ahead by doing that. In fact ignoring bills will just limit your options as your credit will keep declining.

We have this thing for a homeowner called a refinance mortgage. What we can do is pull from the equity in your home in order to get all the debts paid off. This will make your monthly pay outs much less so that you can move forward with a clean slate. Once everything is rolled into one debt we can start looking at your new budget and start paying down your mortgage with the extra monthly cash that is no longer going to interest.

Let me tell you that I have been there. I went from working multiple jobs making really great money to 3 back-to-back maternity leaves..... and if you didn't know, EI doesn't pay that great. SO we found ourselves in a tight spot financially and I didn't want to cut my maternity leaves short to go back to work early. My time with my children was too valuable to me. So we refinanced our mortgage to pay out our line of credit and credit cards and make life more managable until I went back to work. I tell you this because I want you to know that everyone goes through times where their finances might not look the best, I will never judge you; I want you to know that you are normal!

Let me know if you would like to chat about what options might be right for you. You can call me at the office at 289-645-1568 ext 1 or email me at mortgage@deniselaframboise.ca