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Chantal and Martin’s son needs braces on his teeth, but all their credit cards are loaded. What can they do?

Here is the family’s financial situation: a $153,280 residual mortgage on a bungalow valued at $295,000 and $17,950 in debts with interest rates ranging from 18 to 24%.

Thanks to the current value of their house, We secured them a $172,000 mortgage and a $20,000 credit line with a 4.20% variable interest rate. Now, with the same monthly payments, the couple will pay both their mortgage and their debts, all while keeping some flexibility with their budget. And if anything unexpected comes up, they will have access to their credit line. They have already made an appointment with an orthodontist!

Your mortgage broker wants to build a lifelong relationship with you. As professionals of the mortgage credit industry, brokers are specially trained and have all the tools they need to help you deal with the financial difficulties you may face throughout your life.

Do you know anyone who could benefit from my services? We will be happy to help them.

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