Mortgage Assessment Your Mortgage Assessment Mortgage Assessment 1 2 3 4 5 6 7 8 Where are you in the Mortgage Process?*Home PurchaseRefinancingSwitch/RenewalHome PurchaseSigned a purchase agreementNew home purchased with a closing date longer than 4 monthsBuying in the next 3-4 monthsResearching optionsRefinancingUnlock some equityDebt consolidationGo from a mortgage to a Home Equity Line of Credit (HELOC)Get out of my current loan to enjoy lower ratesSwitch/RenewalWant to find a new lender for my current mortgage Approximately what is the likely mortgage amount you will require?*$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$550,000$600,000$650,000$700,000$750,000 + Is your equity or down payment greater than 20% of the home’s value?*YesNo How long do you intend to reside in this home?*< 1 year1-3 years3-5 years5 years + What is your desired monthly mortgage payment range?< $ 750.00$751.00 - $999.00$1000.00 - $1399.00$1400.00 - $1799.00$1800.00 - $2199.00$2200.00 - $2599.00$2600.00 - $2999.00$3000.00+ Do you have a specific mortgage product preference?*YesNoYou can select up to three options Fixed Rate Term of 3 years or less Fixed Rate Term of 4 years or more Variable Rate Term of 3 years or less Variable Rate Term of 4 years or more Home Equity Line of Credit (HELOC) How much of an increase to your monthly payment could you tolerate due to potential mortgage rate changes?< $50.00/month$51.00 - $99.00/month$100.00 - $199.00/month$200.00 - $299.00/month$300.00+ Do you foresee a significant life change for you and/or your family in the next 5 years that may require you to access the equity in your home? Life changes can be a new spouse, new baby, teenager off to university, a home renovation, or the purchase of a second home.YesNoHow much money do you foresee needing to access?< $25,000<$50,000< $100,000$100,000+
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