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Whitby is a town in
Ontario, Canada. Whitby
is located east of Toronto on
the north shore of Lake Ontario,
and is home to the headquarters
of Durham Region. While the
southern portion of Whitby
is predominantly urban, and
an economic hub, the northern
part of the municipality is more
rural and includes the
communities of Ashburn, Brooklin,
Myrtle and Myrtle Station.
Like much of Durham Region,
demographics in Whitby
are characterized mainly by
rapid population growth. The
2006 census population of the
Town is 111,184 inhabitants,
compared with the 2001
Statistics Canada total of
87,413. This represents
population growth of over 27.2%
in five years. The number of
inhabitants has more than
doubled since 1986, when
Whitby had a census
population of 45,800 people.
Apply today
for your home mortgage,
refinancing, renewal or second
mortgage in Whitby.
Whitby Mortgage Refinancing
Many
of our clients in Whitby 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 Whitby.
Second
Mortgages in Whitby
Many of our clients in
Whitby 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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