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The Town of
Richmond Hill started out
as a small settlement located
partially in the Township of
Vaughan and partially in the
Township of Markham. The Town's
development was closely linked
with the development of Yonge
Street, which was planned
primarily as a military road by
John Graves Simcoe, the first
Lieutenant-Governor of the
Province of Upper Canada.
The Town was officially
incorporated on June 18, 1872 as
a village and the first council
meeting was held on January 1,
1873 under the leadership of
Abraham Law as Reeve.
Richmond Hill developed
because of its proximity to
Toronto, as farmers came into
town on their way to Toronto
markets and people travelled up
and down Yonge Street to and
from communities further north.
Apply today
for your home mortgage,
refinancing, renewal or second
mortgage in Richmond Hill.
Richmond Hill Mortgage Refinancing
Many
of our clients in Richmond Hill are
applying for
mortgage refinancing
in order to
keep on track with their
financial goals.
A great way to save money is by
using a mortgage refinance to pay
off high interest
credit cards & other loans
into ONE lower rate, monthly
mortgage payment . Mortgage
refinancing will help you
save money, increase your
monthly cash flow and
eliminate the stress of
making multiple loan
payments.
We can review your current
home mortgage and help you
save money.
We have over 40 lenders offering the
lowest mortgage rates
for your
mortgage refinancing
in Richmond Hill.
Second
Mortgages in Richmond Hill
Many of our clients in
Richmond Hill are using a
second mortgage refinancing to consolidate high
interest debts, renovate their homes or pay for
unexpected expenses. A second mortgage does not
replace your existing first mortgage.
It is a
second position mortgage which is advantageous
if you currently hold a favorably low rate first
mortgage and do not want to discharge due to
penalties, fees, etc. Second mortgages can also
be arranged with greater ease due to the amount
of lenders available both institutionally and
privately.
Second mortgage interest rates begin
at the prime rate and up
Borrower qualifications are usually
based more on home equity rather than
credit and income
Most second mortgages are interest
only payments and 1 year terms |
