One of the most under utilized mortgage strategies is the Australian Mortgage. The Australian Mortgage uses an All-in-one mortgage product to minimize how much interest you pay over the life of the mortgage. The product gives you full credit for any savings in your bank account by applying this immediately to your mortgage balance. The result is a shortened amortization that ranges from 5 to 10 years, depending your situation.
This isn’t for everyone….. The product is for those that earn a fixed income or have a steady pay cheque. You also need a surplus every month…make more than you spend…it’s certainly worth a look at renewal time….
As an industry insider, Steve will share info that the BANKS don't want you to know. Steve has appeared on TV's Global Morning News, CBC's "Our Toronto" and The Real Life TV show. He's also been quoted in several newspapers such as the Globe and Mail, The Toronto Star, The Vancouver Sun, The Star Phoenix, etc.