Articles of Interest

Category: Library of Resources

What some banks may not want you to know

Wayne Sudsbury and Bill Eves of Homeguard Funding Limited, wish to announce an inventive FREE system available to every homeowner situated inYork Region. Now at no cost, you can register your mortgage maturity dates with Homeguard in the Electronic Market Bid System. This free service will ensure that every mortgagor will obtain the very best renewal rate on the market.

Mr. Sudsbury's research has indicated that 85% of all homeowners merely sign and return their renewals without question as provided by mortgage lenders of which 57% of all mortgages are held by the big banks today.

"It's unfortunate that the major banks with their multi- billion dollar profits have to market on a two tiered system, whereby Province of Ontario borrowers on renewal pay higher rates than new borrowers at the same moment in time. A proven customer with a solid track record should be given preference, not subsidizing market entry practices currently in place. York Region homeowners will benefit by positioning themselves to negotiate with their current lenders or simply switch their mortgage to a new mortgage without cost. In addition, they can enjoy value added personal service by qualified experienced sales consultants, who are for the most part, former bank, trust and finance employees."

To take advantagage of this renewal registry system...simply contact us and one of our qualified mortgage experts will take care of your needs.

Return to Main Article Listing



Home About Us Services 1st Time Buyers Rates Calculators Apply Now Join Our Team Resources Contact