How things work - Faq's

Q?OK, I don’t want to read everything, how does it work?

Q?What exactly do you do?

Mortgage payout penalties can be significant. We’ve all seen situations where the payout penalty has simply made it impossible to refinance or sell our homes. uses it’s market knowledge and resources to reduce your mortgage payout thereby reducing your payout penalty saving you hundreds if not thousands of dollars.

There are no geographical boundaries…So long as you are located in Canada can help.

Q?How does it work?
A. simply takes advantage of your mortgage prepayment privileges to reduce the amount of the payout penalty you would have to pay.  Using their resources and capital, pays down your mortgage by the maximum pre-payment privilege allowed.  This lump sum payment reduces your mortgage thereby reducing the amount of your payout penalty.

Q?What are the costs?

There is no cost to use the service. uses its resources and its capital to pay down your mortgage and reduce your penalty.  On closing simply splits the savings 50/50 with you.

Q?This sounds to good to be true, what’s the catch?

It’s because the concept is so simple that some people say “there must be a catch or I must be missing something”.  We can assure you that there is no catch, there is no fine print and you’re missing nothing. is doing nothing but providing you with short term capital so that you can take advantage of the fact that your mortgage allows you to make an annual lump sum payment.  By making that lump sum payment just before your mortgage is to be paid out the penalty then becomes based on the lower mortgage amount.  That’s where the savings come in.

How does get the money back that they put down on your mortgage?  On the closing of your sale or the refinance of your home, the lawyer has instructions to pay the money back from the proceeds.  At the same time the savings fee’s are calculated and split 50/50.

Q?Can this be used on all mortgages?

Yes, so long as there is a mortgage that has an unused portion of the pre-payment option available it doesn’t matter if the mortgage payout is part of a property sale or refinance.  It also doesn’t matter if the mortgage is a first, second or third mortgage.  Any mortgage could qualify.

Q?Can I do this without using the services of

Yes you most certainly can however in most cases the amount of capital required to make the early pre-payment can be beyond what most clients have available.

As an example,  a $400,000 mortgage with a 20% prepayment option would require a client to have an additional $80,000 to put down. uses its expertise, resources and capital saving you time, money and frustration.  Again there is no cost for this service, we simply split the penalty savings with you 50/50.

Q?I’m working with a mortgage agent/broker, can you still help?

Yes absolutely…If you are working with a mortgage broker, tell them about and let them know we’ll work with them to save you money.

Q?As a mortgage agent is my relationship with my client kept confidential.

Absolutely, your relationship with your client is of utmost importance to We DO NOT arrange mortgages and we do not offer advice or recommendations on mortgages. All questions regarding their mortgage needs are referred back to you for an appropriate response.

Q?How do I get started?

If you have a penalty you have an opportunity to save money.  Simply APPLY NOW and we’ll be in touch to discuss the details and the savings.  If you prefer you can call us at 1-877-492-5164.