Buying a home is one of the most significant investments you can make. Paradoxically, it also entails hefty debt, as most people require a mortgage loan to complete the purchase. FÉRIQUE Investment Services Advisory Services can help you negotiate this milestone event in your life.
Don’t hesitate to contact an Advisory Services representative to help you develop the best strategy for putting together the down payment. Among other things, your advisor will explain the Home Buyer’s Plan (HBP), a government program that allows you to withdraw money from your RRSP to use as a down payment on a first home. Ask your advisor to look at your whole financial picture and help you decide which to prioritize over the coming years: repaying your mortgage or making contributions to your RRSP and TFSA. Finally, take advantage of our Mortgage Referral Program, which could give you access to money-saving mortgage options.
If you already own a home, but are thinking of selling it and buying another one, speak to an Advisory Services representative to figure out the best way to fit this decision into your overall financial strategy. Thanks to our Mortgage Referral Program, your representative can also put you in touch with a dedicated specialist at our mortgage loan partner. In addition to expert advice, you also get access to very competitive mortgage rates, possibly even lower than what you currently pay.
If you already own a home, sooner or later you will have to refinance or renew your mortgage, because either your mortgage has matured, or you’re thinking of financing a remodel or expansion. Why not take advantage of the situation to obtain better mortgage terms? Speak to someone at Advisory Services to find out about our Mortgage Referral Program.
*To take advantage of the program, you need to first contact FÉRIQUE Investment Services and meet our general eligibility conditions. If you have already applied to Canwise or Ratehub, the FÉRIQUE Referral Program Offer may not apply.
Financing may be provided:
- within the Province of Quebec only
- for a purchase, renewal or refinancing of a principal/secondary residence or a rental property with one to six units
The totality of the commission received by FÉRIQUE Investment Services from CanWise is reimbursed to you within 90 days from the date of disbursement.
The amount is calculated at the following rates:
- 1 to 2-year mortgage: 15 base points (bp, or 0.15%)
- 3 to 4-year mortgage: 20 bp (0.2%)
- 5-year mortgage or longer: 30 bp (0.3%)**
This remittance must be invested in a Fund held by you in a new or existing account with FÉRIQUE Investment Services. FÉRIQUE Investment Services reserves the right to end this introductory offer at any time without notice.
** For some mortgage products, the discount could be 0.10% even with a 5-year term: Canwise will make mention of it in case it applies.