Ottawa Sun Reports on Readvanceable Mortgages

Readvanceable mortgages are mortgages and a line of credit in one. They let you easily re-borrow principal that you’ve already paid off.

The main benefit of a readvanceable mortgage is that it provides a low-cost source of cash for things like renovations, business use, emergencies and investments.

intelliMortgage’s Rob McLister talks about the investing uses of a readvanceable mortgage in these two Ottawa Sun stories:

• Rental property investment needs a mapped out plan
• Open the door to financial security

Please note: The above is not investment advice. Seek professional guidance from a licensed financial advisor before initiating any use of debt for investment purposes.