Equity financing is the granting of a mortgage based on the strong savings and credit history of an applicant.

Is Equity Financing for You?

• If you have a lower income, are self-employed, but have a good savings and credit history, equity financing is a good choice for you.
• Often, traditional lenders may reject individuals with lower incomes, but in equity financing, the savings and credit history can compensate for lower incomes.

What Are the Interest Rates?

The interest rates for equity financing are typically similar to interest rates for other types of mortgages.

What Are the Costs Involved?

For many applications, our lenders pay the costs (appraisal fees etc..) for you.

For some applications, you may have to pay these costs yourself.

Please talk to one of our Mortgage Planners for more details.