1st Mortgage
A First mortgage is the first debt registered against a property that is secured by a first “charge” on the property. If a default on the mortgage occurs, the first lender has first right on the property to recover the outstanding principal and interest costs, and any other costs incurred during the process.
Financing a home is usually one of the largest decisions you will make in your lifetime, so it only makes sense to shop around and get professional advice. By working with as many lenders as possible, CFCL increases your borrowing power and will help you to obtain better than bank rates and more flexible mortgage options!
- 100% financing for refinancing
- Consolidate Existing Debt while refinancing your mortgage at best rates
- High Ratio Refinances to 100% LTV with No Insurance Premiums!
- Insured High Ratio Refinances to 90% LTV
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