Leveraging Your Home Equity - CIBC Mortgage Advisors

Описание: Home owners will purchase a home, live in it themselves (as a primary residence), and pay down the mortgage as years go by. I've spoken to a number of people who are waiting to accumulate enough savings before purchasing another property or more investments. However, they had no idea that they could tap into the equity that they've built up in their homes to do all of those things with some tax benefits too! Have no idea how this can happen? No worries, I've got you covered! Tune in to hear what CIBC Mobile Mortgage Advisors, Grecia Ng and Bobo Liang have to teach you on this topic!

Q&A
13:13 Should I buy investment properties with a home equity line of credit (HELOC) or a combination of different sources from the equity I built up in my current home?
16:00 Discuss CIBC's mortgage program for approving salaried or self-employed US income earners to purchase property in Canada
19:42 What are some taxation benefits for using your home equity line of credit to buy investments?
21:42 Will the bank look at my equity built up in my HELOC as an additional source of income to qualify for a larger mortgage?

Bobo Liang - CIBC Mobile Mortgage Advisor
778-956-9888 | [email protected]

Grecia Ng - CIBC Mobile Mortgage Advisor
778-772-7238 | [email protected]

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