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Mortgage Industry Opens Opportunity for all Broker

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Many people believe that mortgage is an effective way for people to acquire property ownership. But, what you do not know is that mortgage is also a good opportunity for many people to earn and acquire great investment. There are several surveys that say that most rich Canadian people are using mortgage to acquire heath and comfortable life.

 

A survey commissioned by the Investors Group found out that those rich Canadian people who have investment assets with more than $ 500, 000 or more actually have a mortgage and they pay it in full.  The survey greatly shows that rich and famous people also get mortgage. The survey also shows that almost one-fifth of rich people in Canada have mortgages with$ 150, 000 and more.

 

Peter Veselinoch, Investors Group Vice President of Banking and Mortgage Operations also emphasized that most people get mortgage as way to prepare for their retirement and other purposes such as for education proposes, emergency fund and many more.

 

Other people who have the capacity to pay mortgage easily usually use mortgages debt for them to acquire great investments such as income producing assets such as in the industry of real estate and other types of business investment. Mortgages give access to all people to acquire lower cost funds than other leading lending methods and facilities.

 

Recent shows that almost 32% of high net worth Canadian people own a residential properties and commercial properties through Mortgages. Almost 42% of Canadian residents have investment under the industry of rental properties. Mora than half of rich people in Canada with mortgages do not have plans to quit on getting mortgage even before they retire. It greatly shows that mortgage open great opportunity to many people to earn money, acquire their dream properties and chase investment success.

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