services
REFINANCE
DEBT CONSOLIDATION
At Zena Shekarabi & Associates, we specialize in debt consolidation through mortgage refinancing. You can lower your total monthly payments by unlocking up to 85% of your home’s value with help from trusted mortgage lenders. Our clients save an average of 70% on their monthly payments. We’ll use your mortgage equity to pay off your bills sooner and at a lower rate. With your bills consolidated, your interest and payments will dramatically reduce.
- Secured Lines of Credit Programs for up to 65% of your home value
- Equity Based Second Mortgages for up to 85% of your home value Over-extended credit card and consumer debt is the number one problem Canadians face today. We understands the seriousness of this problem. Credit card companies want you to ignore the issue. A new mortgage program with restructured home equity can shrink your credit card debt and consumer loans to very low interest rates. Imagine shrinking your monthly payments by up to 70%.
- Reduce your mortgage rate and payment; eliminate consumer debt.
- Take advantage of remarkably low interest rates to simplify your finances.
- Get a free no-obligation consultation with us and don’t let your possible penalty to break your mortgage hold you back. Often it’s worth paying the penalty to reduce your overall interest cost
HOME EQUITY LOANS
A HELOC (home equity line of credit) is an alternative way to borrow. With a HELOC, your home’s equity becomes collateral to provide you with a supply of credit; you decide how much credit you need, when you need it, then repay it when you can. There is never a penalty to pay off your balance.
A HELOC is flexible the way a loan isn’t. Once approved, a line of credit can be accessed any time, for any amount up to your limit. HELOCs have low interest rates (as low as Prime Rate +0.50%), making them less costly than credit cards and personal loans.
Zena Shekarabi & Associates has access to more than 57 Canadian lenders who offer a wide range of home equity products for all types of borrowers.
- First Position uninsured HELOCs up to 65% of your Home Value.
- Second Position Equity Lines of Credit up to 80% on Home Value in combination with a mortgage.
A HELOC is an essential asset for today’s homeowner – you are only charged interest on the amount you use, not your available balance. The majority of HELOC’s include interest-only payments and you can pay any amount towards your balance penalty free.
Here’s how a home equity loan can work for you:
- Debt consolidation can turn high-interest payments into one affordable amount.
- Small business owners facing slow growth or a transitional period have better management options.
- Homeowners can renovate for investment purposes and receive a return on their investment
HOME RENOVATIONS LOANS
Here at Zena Shekarabi & Associates we take the time to analyze different home refinance scenarios so that we can determine which is the cheapest and most effective way to harvest your home equity for your renovation needs. Many Canadians are investing money in their current homes, adding new basements, new kitchens, increasing master bedroom and en-suites size are the most common renovation.
So how do we help you with this process?
Zena Shekarabi & Associates finds the most effective way to access the valuable equity in your house to supply the required funds to start and finish your home renovation.
Here are some of your options to raise funds:
- Refinancing your existing mortgage into a new mortgage!
- Secured Line of Credit
- Equity Based Second Mortgage
What Our Client’s Think About Us
Contact Us
416 494 9096