Real Estate

Mortgages & the Real Estate Market for Aurora, Ontario

Located to the north of Toronto, Aurora Ontario is a small down that continues to grow. Founded in 1853, it was the childhood home of former Prime Minister Lester B Pearson. As on 2011, Aurora’s population had risen to just over 50,000 people and with an average household income of $155,000 in 2010, it is also one of Canada’s most affluent towns.

While Aurora is a small town, it has seen significant growth over the last decade, at a rate of approximately 11.7 per cent between 2001 and 2006. By the year 2020 it is forecasted to have a population of almost 70,000 people. It’s not such a small town anymore!

Since Aurora is a small town, the amount of available real estate can be quite small. As a result, it is important as a homebuyer to move quickly, and work with vendors you can trust when it comes to securing your mortgage. A mortgage broker can help you get your mortgage quickly, freeing up your time for house hunting!

Home Equity Loans

Second Mortgages & Home Equity Loans for Aurora Homeowners

Just like a regular mortgage, a second mortgage has several different options that are available to you. You have options both with how you can take the money as well as how you can repay it.
A second mortgage is essentially when you borrow the equity that you have built up in your home. Most lenders will allow you the option to take out as much as 95% of the equity you have in your home in the form of a second mortgage or home equity loan. Should you choose to do this, you can have access to the money in two ways:

Lump sum: if you have a large sum of money that you owe, this may be your best option. This makes sense if you owe a lot of money all at once, but need a lower interest rate than what you would have with say, a credit card. In this instance you would repay the loan much like a regular mortgage: with fixed payments paid at regular intervals for a set period of time.

Line of credit: If you don’t need all the money at once, you can instead take it out in the form of a line of credit. This will allow you to take as much or as little as you need at a time, or, if you prefer, take nothing at all. This works as an emergency fund of sorts. If you choose to take out the money in this way you will pay it back similarly to a credit card, wherein you will have minimum monthly payments, but also have the option to repay an amount above that in order to pay off the loan faster.

Whatever you choose, a second mortgage or home equity loan through Matrix Mortgage is a great option.

Home Buyers

Mortgages for First Time Home Buyers in Aurora

Matrix Mortgage also specializes in first time mortgages. Regardless of your situation: new to Canada, bad credit, or even if you have previously declared bankruptcy. Our mortgage brokers can work with you to ensure that you are approved as a first time home buyer. At Matrix Mortgage our years of experience and customer-focus put us ahead of the game. Call us for all of your mortgage needs.

Canada-Flag-icon 100% Canadian. Top 75 Broker in Canada.Approved in 10 Minutes. Funds in 2 Business Days.

At Matrix Mortgage Global we make refinancing your home simple. Our flexible and affordable financing options allow you to access up to 95% of the equity in your home to meet your financial needs. Many of our customers use this LOW INTEREST RATE solution to consolidate high credit card and/or house hold debt, while others use this product to renovate their home or buy an investment property.

Mortgage Renewal


Mortgage Renewal

When the term on your mortgage expires it is time to renew your mortgageAt this time you will

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Second Mortgage


Second Mortgage

At Matrix Mortgage Global we understand that there are situations when you will need a second

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Refinance Mortgage


Refinance Mortgage

At Matrix Mortgage Global we make refinancing your home simple. Our flexible and affordable

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First Time Home Buyer Mortgage


First Time Home Buyer Mortgage

First Time Home Buyer Mortgage

At Matrix Mortgage Global we make refinancing your home simple. Our flexible and affordable

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Self Employed Mortgage


Self Employed Mortgage

Today more and more Canadians are opting to work for themselves or go on contract with their

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Bad Credit Mortgage


Bad Credit Mortgage

Like most of us, you probably have a car payment, some credit cards, retails cards, and

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Home Equity Loans


Home Equity Loans

Home Equity Loans

Because a home is often our most valuable asset, many homeowners use a Home Equity Line Of

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Commercial Mortgage


Commercial Mortgage

Matrix Mortgage Global is committed to helping you meet your commercial financing needs.We

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Debt Consolidation


Debt Consolidation

Meet John and Judy Brown, They are home owners. John was laid off last year and as a result

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Bridge Loans


Bridge Loans

Bridge Loans

Have you bought a new home and want to move in, but your old home has not closed yet?

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Consumer Proposal Payout


Consumer Proposal Payout

Consumer Proposal Payout

If you are in a consumer proposal or on the verge of filing you must watch this video.

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Home Improvement Mortgage


Home Improvement Mortgage

Home Improvement Mortgage

Matrix Mortgage Global‘s improvement mortgage is available exclusively for our clients

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New To Canada Mortgage


New To Canada Mortgage

New To Canada Mortgage

Matrix Mortgage Global wants to thank you for choosing Canada, now let us help you

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Spousal Buyout Mortgage


Spousal Buyout Mortgage

Spousal Buyout Mortgage

Divorce is never easy, Lawyers, Court, Litigation, Emotions, Dividing Assets, Separation

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Stop Power Of Sale


Stop Power Of Sale

Stop Power Of Sale

Are you behind on your mortgage and your bank is currently about to take legal action?

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Current Mortgage
Home Worth $300,000
Current Interest Rate 5.0%
Current Payment $1,500
Car Payment @ 10% interest
Credit Card @ 17% interest
Store Cards @ 28% interest
$200,000 Mortgage $1,500/month
$25,000 Loan Payment $500/month
$25,000 Credit Cards $750/month
TOTAL $2,750/month
Refinance Mortgage
Home Worth $300,000
Current Interest Rate 2.30%
Current Payment $1,020
Car Payment @ 10% interest
Credit Card @ 17% interest
Store Cards @ 28% interest
$200,000 Mortgage
$1,020/month
$25,000 Loan Payment Paid
TOTAL $1,020/month
You Save $1,730/month!!!
Call 24/7 at 1-800-429-0717
 

First Mortgage Rates as Low as 2.25% / Second Mortgage Rates as Low as 6.99%

Matrix is Top 75 Brokerage in Canada

Matrix Mortgage Global is a busy and cutting edge mortgage brokerage in Toronto, Ontario catering to homeowners and first time buyers. We have an experienced team of mortgage agents and brokers with backgrounds in financial planning, insurance, real estate and business. We have a reputation in the Mortgage industry for working with our credit challenged clients to consolidate debt, save them from foreclosures and assisting in rebuilding their credit ratings.

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