Tax Deductible Mortgage

tax deductible mortgageIs Your Mortgage Tax Deductible? Do You Want A Tax Deductible Mortgage? How Can You Get A Tax Deductible Mortgage? We have the answers!

How to get Tax Refunds from your mortgage every year

Did you know Americans have Tax Deductible Mortgages, the interest payments are deductible? This is not the case in Canada, but with good financial planning and the right mortgage structure, homeowners are now able to collect Tax Refunds.

A Tax Deductible Mortgage is designed to generate Tax Refunds using the same cash flow as your mortgage payments. This technique has become increasingly popular since the introduction of specific mortgage products from many major lenders. These mortgages may be offered in bank branches, but the expertise to set it up, run it and stay within the Canada Revenue Agency guidelines is not always available.

The average homeowner spends $1,000’s every year on interest! If it was tax deductible, tax deductions would be substantial. Over 25 year mortgage it could be a small fortune in savings and tax refunds!
Sign up for our FREE SEMINAR!

Sign Up For Our Free Seminar

Sign Up Here

Bank of Canada set to hold interest rates The Bank of Canada is expected to hold borrowing costs steady Wednesday in what will probably be just a pause on its hiking path. After four increases since mid-2017, including at their last meeting in July, investors and economists anticipate policy makers will take a breather this […]
Read More
New mortgage underwriting rules contributed to tighter lending conditions for households in the first quarter of 2018, according to the Bank of Canada’s survey of financial institutions. The central bank’s quarterly questionnaire of lending conditions had historically focused on business loans but, after a year of collecting data, the results have now been expanded to […]
Read More