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Vaughan
is a City in York Regional
Municipality, south Ontario,
Canada; population (2006)
238,866. It is located 24 km/15
mi northwest of Toronto city
centre, on the Humber River.
Between 1986 and 1991 ,
Vaughan experienced an
explosive growth in its suburb
population, expanding by 70%.
Vaughan
includes the former agricultural
communities of Kleinburg, site
of the McMichael Canadian Art
Collection and Toronto
International Film Studios;
Maple, home to Canada's
Wonderland, a well-known
amusement park; and Woodbridge.
Vaughan is the first
municipality in Ontario to have
a Youth City Councillor. The
youth city councillor is
appointed as a non-voting member
of Council every six months to
represent the youth of
Vaughan. Vaughan
council originally rejected the
proposal of a youth councillor
but after the Vaughan
Youth Cabinet amended their
proposal, Council accepted the
recommendation.
Apply today for your home
mortgage, refinancing, renewal
or second mortgage in Vaughan.
Vaughan Mortgage Refinancing
Many
of our clients in Vaughan 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 Vaughan.
Second
Mortgages in Vaughan
Many of our clients in
Vaughan 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
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