A Community Trust mortgage opens more than a front door. As you pay it down, you build equity you can borrow against, refinance, or use to fund the next big thing. Below, we’ve outlined a few of the ways that you may use to manage your mortgage.
Renewing your Community Trust mortgage is a simple process.
Community Trust makes refinancing your mortgage easier. Whether you’re looking to lower your monthly payment, or access the equity in your home, our mortgage specialists are here to explain the pros and cons and help you make the decision that is best for you.
Payout statements for discharges or transfers will only be issued after a request has been made through FCT’s Payout Services. Please note, a $100 statement fee will apply. Community Trust does not accept payout proceeds via uncertified cheque. Our preferred method of payment is via a wire deposit. Alternatively, we accept bank drafts or certified cheques. Funds must be deposited directly to our account, and payment confirmation, including our loan reference number, must be sent to us. If a payment confirmation is not provided to us, the payout proceeds will not be credited to the appropriate loan. Payment confirmation must be uploaded within the FCT portal (preferred) or emailed to mortgageservicing@communitytrust.com.
