You are not logged in. [Log In] ClubSi » Forums » Canada Regional » Ontario » Another mortgage thread...questions
Register User       Forum List       Calendar       FAQ      
Page 3 of 3 <123
Topic Options
#8716534 - 07/06/16 06:43 PM Re: Another mortgage thread...questions [Re: civic13]
SW20_MR2 Offline
Post Master Sr


Registered: 08/27/01
Posts: 5282
Loc: Markham, Ontario, Canada
You can always get a LOC separately from any bank. Not like it's difficult.
_________________________
1991 MR2 Turbo aka "The Myth"...does it really exist?
2006 Mazda3 Sport aka "Reality"...it really does exist...

Top
#8716571 - 07/06/16 07:34 PM Re: Another mortgage thread...questions [Re: SW20_MR2]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
 Originally Posted By: SW20_MR2
You can always get a LOC separately from any bank. Not like it's difficult.


But won't that be higher than a HELOC?
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

Top
#8716587 - 07/06/16 07:58 PM Re: Another mortgage thread...questions [Re: Hatorade]
Risky Business Offline
Provides a Great Work Environment. he/him
Post Master Supreme


Registered: 05/17/10
Posts: 44810
Wowowowo td emailed me just saying new promotion is in and they are dropping rates. WOOOOOOHOOO

Looks like the Brexit drove down rates a lot so if you are in the middle of renewal this is a GREAT TIME \:D
Top
#8716620 - 07/06/16 08:35 PM Re: Another mortgage thread...questions [Re: Hatorade]
civic13 Offline
Post Master


Registered: 04/18/01
Posts: 2654
Loc: You Know
 Originally Posted By: Hatorade
 Originally Posted By: SW20_MR2
You can always get a LOC separately from any bank. Not like it's difficult.


But won't that be higher than a HELOC?

That's what I was thinking. A HELOC will probably have lower interest rate correct?
Top
#8716728 - 07/06/16 09:48 PM Re: Another mortgage thread...questions [Re: Hatorade]
SW20_MR2 Offline
Post Master Sr


Registered: 08/27/01
Posts: 5282
Loc: Markham, Ontario, Canada
It still is a HELOC.

 Originally Posted By: Hatorade


But won't that be higher than a HELOC?
_________________________
1991 MR2 Turbo aka "The Myth"...does it really exist?
2006 Mazda3 Sport aka "Reality"...it really does exist...

Top
#8757077 - 08/11/16 04:00 PM Re: Another mortgage thread...questions [Re: civic13]
Risky Business Offline
Provides a Great Work Environment. he/him
Post Master Supreme


Registered: 05/17/10
Posts: 44810
Renewed directly with scotia 2 year fixed 1.97%
Top
#8757113 - 08/11/16 04:21 PM Re: Another mortgage thread...questions [Re: Risky Business]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
Nice.
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

Top
#8760937 - 08/15/16 12:03 PM Re: Another mortgage thread...questions [Re: Hatorade]
spd-dmn Offline
Post Master


Registered: 11/24/04
Posts: 2271
Lol are they selling fixed below variable now?

All rules out tha window
Top
#8760974 - 08/15/16 12:19 PM Re: Another mortgage thread...questions [Re: spd-dmn]
Risky Business Offline
Provides a Great Work Environment. he/him
Post Master Supreme


Registered: 05/17/10
Posts: 44810
It's silly isn't it, but they are basically forcing everyone to fixed...maybe it's coming (the high rates) I don't know? This is the bank's way of saving face or delaying the inevitable.
Top
#8760988 - 08/15/16 12:23 PM Re: Another mortgage thread...questions [Re: Risky Business]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
Yup been 2yr fixed for a few years now. It's always been the lowest I can get.
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

Top
#8761067 - 08/15/16 12:46 PM Re: Another mortgage thread...questions [Re: Risky Business]
Screamin Type ARGH! Offline
High Value Poster
Post Master Supreme


Registered: 02/20/01
Posts: 47677
Loc: T.O. - Canaduh
 Originally Posted By: Risky Business
Renewed directly with scotia 2 year fixed 1.97%


nice. our 6-month early lock-in rate is due up in Sept. so i'll see what rbc can do. been doing 2yr fixed for awhile now...right now at 2.05%
_________________________

"Ban low performance drivers, not high performance cars"

Top
#8761297 - 08/15/16 02:13 PM Re: Another mortgage thread...questions [Re: Screamin Type ARGH!]
spd-dmn Offline
Post Master


Registered: 11/24/04
Posts: 2271
i think the real push is into shorter terms

2 is, or will be, the new 5
Top
#8776429 - 08/30/16 11:09 AM Re: Another mortgage thread...questions [Re: spd-dmn]
Senor Eduardo_82 Offline
miataist
Post Master Supreme


Registered: 01/09/03
Posts: 38036
Loc: Ca�ada
We've got a 3yr 2.14% offer available to staff now. So cheap, time to buy a Mississauga townhouse.
Top
#8776466 - 08/30/16 11:25 AM Re: Another mortgage thread...questions [Re: Senor Eduardo_82]
Risky Business Offline
Provides a Great Work Environment. he/him
Post Master Supreme


Registered: 05/17/10
Posts: 44810

Top
#8776473 - 08/30/16 11:29 AM Re: Another mortgage thread...questions [Re: SW20_MR2]
Big Tasty Offline
Post Master Supreme


Registered: 02/10/02
Posts: 19649
Loc: Toronto
 Originally Posted By: SW20_MR2
It still is a HELOC.

 Originally Posted By: Hatorade


But won't that be higher than a HELOC?


I haven't switched my accounts (all in rbc) to my mortgage bank (cibc) yet...been lazy. Debating who I should go with for LOC since my old one was closed off when we moved our mortgage.

Would be nice to have everything in one spot but come renewal, I will move the mortgage to whoever offers the best deal so moving everything else kinda seems pointless. Guess i could keep mortgage and LOC tied to same bank and keep my other stuff as is...or does it make any difference in the end?
Top
#8776478 - 08/30/16 11:32 AM Re: Another mortgage thread...questions [Re: Big Tasty]
Risky Business Offline
Provides a Great Work Environment. he/him
Post Master Supreme


Registered: 05/17/10
Posts: 44810
There will be penalties probably
Top
#8776482 - 08/30/16 11:34 AM Re: Another mortgage thread...questions [Re: Risky Business]
Big Tasty Offline
Post Master Supreme


Registered: 02/10/02
Posts: 19649
Loc: Toronto
Penalties for what? I am looking to open a new LOC since last one was closed with my old mortgage when I bought my current place.
Top
#8776515 - 08/30/16 11:58 AM Re: Another mortgage thread...questions [Re: Big Tasty]
TheRealCSnapper Moderator Offline
Post Master Supreme


Registered: 12/05/02
Posts: 31955
Loc: Toronto, Canada
make sure whoever you have your HELOC with is not registering a collateral charge loan (or whatever it's called) because there's a fee associated with those when you break it/close it.
Top
#8776810 - 08/30/16 02:39 PM Re: Another mortgage thread...questions [Re: TheRealCSnapper]
iamfob Offline
Post Master Supreme


Registered: 09/06/02
Posts: 24698
Loc: Out There
 Originally Posted By: TheRealCSnapper
make sure whoever you have your HELOC with is not registering a collateral charge loan (or whatever it's called) because there's a fee associated with those when you break it/close it.


TD and Scotiabank STEP are collateral mortgage registered against the title of the property
_________________________
FTMFW!!!

Top
Page 3 of 3 <123


Moderator:  c2k, LNXGUY, TheRealCSnapper, Professor Paki 
Hop to:
Shout Box

CSi Sponsors

DiGBiC Lighters
DiGBiC Lighters
DallasColo
Dallas Colocation
ClubSi.com Shirts
ClubSi-Shirts
GameStop
Black-Friday Specials
Big Brake Kits
StopTech.Sale BBK Clearance
Brake Kits
Buy Brake Kits
EBC Brake Kits
EBC Brake Kits
BuyBrakes
Brake Kits-Pads & Rotors Sets
StopTech Brake Kits
StopTech
StopTech NZ
StopTech
StopTech Australia
StopTech
Hawk Brake Pads
Hawk Brake Pads
Samys Camera
GoPros, Cameras, Gear
Brake Specials Near Me
Brake Specials Near Me
Brake Pad Coupons
Coupon Code "hondafetish"
Porsche Brakes
Porsche Brake Upgrades
2-Piece Rotors-Civic Type-R
2-Piece Civic Rotors
Advertisement
My Cookies · Mark all read Powered by DallasColo (Dallas Colocation services) Contact Us · ClubSi · Top

| Brake Pads | | How To Change Brake Pads | | Drilled Slotted Brake Kits Cheap | EBC Brake Kits | Performance Brake Kits | Brake Specials Near Me | How To Replace Brake Pads