This last year has seen a significant increase in property values in our area. One common scenario we are seeing is for people to pull out equity from their current properties in order to purchase a new home and keep their current home as a rental. The most important part of this is to refinance their current property while it is still owner occupied. Adding a secured line of credit allows you to have the funds accessible for when you need them however you do not have to pay any interest at all until they are in use. We have a great rate special on for refinances. Here are the details: Refinance up to 80% of the value of your current property Must be income qualified with supporting documents up front Must close before January 31 If you (or someone you know) are considering this strategy, I'm happy to help you explore your options. www.christinebuemann.ca