Ramesh Subramaniam

2651 John Street, Suite 1, Markham, ON L3R 2W5
416-272-7361 / 647-547-2122
rsubramaniam@richmondlending.com / ramesh.maniam@live.com

First Home Mortgage – A first home mortgage is designed to give you the best combination of lending terms, rates, features, and privileges to help you get your foot in the door, based on your individual needs and financial position.

Second Mortgage – A second or third mortgage is designed to allow you to borrow against your existing home, usually at a higher rate than your primary mortgage, where the home is used as security to help pay-off car loans, high-interest credit cards, and other types of debt.

Home Equity Loan – A home equity loan, or secured line of credit, is designed to allow you to borrow up to 80% of the equity in your current home at more flexible terms than a first or second mortgage, which can be used for short-term investments or day-to-day expenses.

Mortgage Renewal – A mortgage renewal is designed to extend or renew your existing home mortgage at the same or different lending terms, depending on current and prospective interest rates and your personal financial situation at the time of renewal.

Mortgage Refinance – A mortgage refinance is designed to offer you better lending terms on your existing home mortgage, so that you can secure a better interest rate, reduce your monthly mortgage payments, and pay-off your mortgage years earlier.

Debt Consolidation Loan – A debt consolidation loan is designed to give you the money you need to consolidate your credit card payments and other high interest-bearing loans into a single payment, so that you can pay off your debts faster and improve your overall credit score.

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