Cash-Back Mortgages: Unlock Extra Funds
Financial Flexibility When You Need It Most
At Shawn Mooney - Mortgage Architects, I offer specialized cash-back mortgage solutions designed to help you cover the upfront costs associated with buying a home.
Whether you are a first-time home buyer needing help with closing costs or a homeowner looking to fund immediate renovations, a cash-back mortgage provides the liquidity you need to make your homeownership transition smooth and stress-free.
What is a Cash-Back Mortgage?
A cash-back mortgage allows you to receive a lump sum of money tax-free on the day your mortgage closes.
The amount you receive is typically a percentage of your mortgage value, ranging from 1% to 5%. This cash is unrestricted, meaning you can use it to cover essential expenses such as:
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Land transfer taxes and legal fees
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Moving costs
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Immediate home improvements or renovations
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New furniture and appliances
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Paying down high-interest debt before moving in
Benefits of a Cash-Back Mortgage
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Immediate Liquidity: Receive a lump sum exactly when cash flow is tightest—right at closing.
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Flexible Use: You have complete control over how the funds are used. There are no requirements to provide receipts or proof of purchase to the lender.
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Streamlined Solution: Instead of applying for a separate line of credit or personal loan, the funds are built directly into your mortgage transaction.
Why Choose Shawn Mooney?
Cash-back mortgages often come with slightly different rates or terms than standard mortgages. You need an expert to help you weigh the immediate cash benefit against the long-term cost.
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Expert Guidance: With over 20 years of experience, I can calculate exactly if a cash-back product is the right financial decision for you.
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Market Access: Not all lenders offer cash-back products. I work with a wide range of lenders to find the best terms available for this specific mortgage type.
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Mobile Service: I offer the convenience of coming to you. We can discuss your financing options in the comfort of your home, on your schedule.
Quick Facts
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Free Consultation: Discuss your options without any obligation.
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No Broker Fees: In most cases, the lender pays my commission, meaning you get expert advice at no direct cost.
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Alternative Solutions: If a traditional cash-back mortgage isn't the right fit, I can explore other options like purchase-plus-improvement mortgages.
Contact Me Today
Ready to explore the benefits of a cash-back mortgage?
Contact Shawn Mooney at Mortgage Architects to learn more about how this solution can help you achieve your homeownership goals. Let me guide you through the process and ensure you get the best mortgage for your needs.
