Brenda Wowk- Mortgage Professional
All of Western Canada and beyond! V1Y 6N9 Kelowna, BC, Canada

Wednesday Wisdom Why fit in when you were born to stand out - Dr Seuss Authenticity is what makes each of us shine and stand out. Also .. those who matter will always be the ones that support that. ... Fun little fact: I have always experienced the most successful people live this motto to the fullest. Their actions exude this, along with many of their other exceptional traits. Notice how quickly they jump in to support like minded, hearted, driven and spirited others. Like an ultra guardian angel magnet. There is never a need or desire for them to boast or feel the need to prove themselves with words or otherwise. As it is their actions, inner knowing, heart and energy that speak louder than words ever could. The act (gift) of being a part of assisting and inspiring others to their fullest and most highest greatness and successes is one of the greatest successes all on its own. Have an amazing Wednesday! BW

Basic HELOC overview A Home Equity Line Of Credit is basically a Mortgage product broken down into 2 segments- Revolving Line of Credit Portion Fixed Portion (Amortized portion) ... Various Lenders offer this product as an optional mortgage product along with the typical standard mortgages such as a fixed mortgage or a variable mortgage. Benefits of a HELOC style Mortgage are- You can typically make interest only payments on the HELOC portion . Up to 65% of the home value is eligible for a HELOC You can pay out the HELOC at any point with no penalty. * products, terms and rates vary according to lenders policies & guidelines. Curious if this product may work for your next purchase or refinance? Give me a call @ 250.258.9642 or email [email protected] #BrendaWowk #MortgageBroker #KelownaMortgageBroker