With the cost of living continuing to rise, many of your clients may be finding it challenging to stretch their available dollars across their financial obligations. |
Here’s how a Manulife One mortgage can ease the squeeze and help you keep their financial plan on track. |
Manulife One is a mortgage, secured line of credit and bank account all in one. It provides your clients with easy access to their home equity, and every dollar they deposit helps reduce their interest cost. That makes it a powerful financial planning tool for: |
Investing. When cash is tight, clients can tap into their home equity to help cover expenses rather than liquidate investment assets. |
Insurance. The cash generated could also be used to maintain insurance premiums so that policies don’t lapse. |
Tax-efficient income. The interest paid on funds used to generate investment income may be tax-deductible. In most cases, accessing home equity generates cash flow that’s not taxable. |
Debt consolidation. By consolidating higher-interest loans in their Manulife One account, clients can help reduce the overall interest they pay. |
Canada’s most flexible mortgage, Manulife One offers significant potential benefits to your clients and to your business. |
