Real Deal | Refinance to consolidate debt in Tiny, ON

Refinance to consolidate debt
30-year amortization in Tiny, ON

This week’s XMC Alternative owner-occupied refinance consolidates a first mortgage, eliminates all debt and generates over $4,000 in monthly savings!

This retired couple receives non-conforming income from their pension and the sale of the family business. Refinancing will provide extra cash flow and place them in a better financial position.

With positive net worth, great credit, and stable income, we approved this deal at 46% LTV despite elevated GDS/TDS ratios.

We’ll also cover free Home System Warranty for the full year term worth up to $10,000 annually!

Deal Highlights

  • 30-year amortization
  • 3.49%
  • Elevated ratios
  • Deal approved at 46% LTV
  • 1-year closed


  • GDS/TDS: 42.02%/53.00%
  • Beacon scores: 777, 685


  • Type: Permanent full-time; Retired
  • Tenure: 3 years


  • Occupancy: Owner-Occupied
  • Location: Tiny, ON