POTENTIAL SOURCES OF FUNDS FOR INVESTMENT

THE TYPE OF FUND RAISING ONE USES IS A FUNCTION OF JUDGING RISK AND ONE’S INDIVIDUAL CREDIT RATING. THERE ARE SEVERAL OPTIONS AVAILABLE……

1. USING EXISTING CASH RESERVES.

2. USING EXISTING LIQUID RESERVES SUCH AS BONDS AND GICS.

3. UTILIZING ANY OF THE ABOVE AS COLLATORAL FOR A LOAN.

4. USING OTHER TYPES OF ASSETS SUCH AS STOCKS AS COLLATORAL.

5. USING THE EQUITY IN AN EXISTING HOME/PROPERTY.

6. USING EXISTING LINE OF CREDIT.

7. ESTABLISHING A LINE OF CREDIT TO DRAW FROM.

8. USING CREDIT CARDS.

9. USING THE HELP OF FAMILY AND/OR FRIENDS.

A MORTGAGE DEBT VEHICLE ONLY APPLIES IF ONE INTENDS TO TAKE TITLE OF THE PROPERTY; OTHERWISE THE STRUCTURE WILL BE THAT OF A LOAN.

NATIONAL BANK WILL HONOUR THE MORTGAGE CREDIT APPROVAL AND RATE UP TO 12 MONTHS FROM APPLICATION APPROVAL. IF THIS TIME EXPIRES THE APPLICATION MUST BE RE-SUBMITTED.

NATIONAL BANK HAS A “CASH BACK” PROGRAM FOR HELP WITH THE DOWNPAYMENT, WHICH APPLIES ONLY WHEN A FORMAL MORTGAGE IS ENTERED INTO.

THERE ARE OTHER TERMS AND CONDITIONS FOR QUALIFICATION NOT OUTLINED HERE. PLEASE CONTACT FOR MORE INFORMATION.

G.Brooke Ferris

Mortgage Development Manager

National Bank of Canada

gb.ferris.nbc@videotron.ca

416 799 2049