Spousal buyout program Ottawa
Are you searching for a spousal buyout program Ottawa ? If yes, then you have come to the right place. Matrix Mortgage provides clients with services related to a range of financial issues and problems. No matter what long-term or short-term financial goals our clients have in mind, we help them achieve it. Our services include providing clients with the requisite information about financing options, getting the documentation ready for application, and getting the best deal for our clients.
Hence our services include providing mortgage solutions for first-time buyers, self-employed, people new to Canada, and others. In addition to this, we provide services related to bridge loans, debt consolidation, refinancing loans, commercial mortgage, home equity loans, and others.
If you would like to know more about the spousal buyout program, read on for more information.
Why Matrix Mortgage Global?
Matrix Mortgage Global is a mortgage brokerage firm that provides services related to finances and loans. We have been in service since 2008. For more than 10 years, we have been providing excellent services to our clients. Moreover, our financial and real estate experts have the experience to deal with a range of clients, from the different financial and social background. We do not discriminate between any of our clients and work to ensure that our clients are satisfied when they walk out of our doors.
We have several offices in the Greater Toronto area. Because of this, we are among the best mortgage brokerage firms in the area. You can reach one of our offices or reach us through by phone or email.
At Matrix Mortgage Global, we ensure that our clients get the best deals from the lenders. Hence, we help our clients through the documentation and the application process. In addition to this, we provide financial guidance to our clients so that they can make the best decision for themselves. Many people who walk through our doors are overwhelmed with the mortgage and loan application process. This is understandable because it is difficult. Moreover, the various terms associated with loan application confuses clients often. Hence, we ensure that our clients are aware of the contract and the various terms associated with it.
Spousal buyout program
In the case of divorce or separation, how do you manage the mortgage? The spousal buyout program can be of assistance. There are two options, either you buy-out or your ex-spouse buys out. Since you cannot afford to carry out the mortgage on your own, you need options to help you pay the mortgage without it becoming a financial burden on you.
When applying for a mortgage, you need to provide the requisite documentation, such as a signed separation agreement.
If you don’t opt for the spousal buyout program Ottawa, you have several options but these aren’t of many benefits. You can sell your house, but it will result in penalties and legal fees. The bank mortgage penalty fee is heavy and you have to pay if you want to get rid of the house.
Through the spousal buyout program, you can keep the house.
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