💰 What is a Cashback Mortgage? 💰
A cashback mortgage can be a great financial tool if you're looking for some extra funds to cover various expenses. Whether you're moving into a new home or want to make changes to your existing one, a cashback mortgage can provide you with the flexibility you need.
📋 Some common uses for a cashback mortgage include:
Covering closing costs
Purchasing new furniture
Home renovations
Supplementing cash flow
Consolidating higher-interest debt
The best part? You can use the cash however you see fit, and it's tax-free! You'll receive the cashback amount directly upon closing your mortgage.
Before diving into a cashback mortgage, it's crucial to have a clear understanding of:
The associated costs
Your eligibility
Terms for breaking your mortgage early
Mortgage financing can be complex, given the many options available. To ensure you make the right financial decision, it's wise to seek guidance from an independent mortgage professional. I'm here to help you navigate the world of cashback mortgages and find the best solution for your unique needs. Don't hesitate to reach out if you'd like to explore the possibilities! 🏡🤝💼
https://www.dianebuchanan.ca/