Closing a deal for a client on disability

Alina was on short-term disability and looking to consolidate debt

Alina worked as a customer service representative for a major financial institution in Toronto for over five years. She has also owned a lovely Toronto townhouse for nearly 17 years. Unfortunately, Alina sustained a back injury that required surgery and physiotherapy, which forced her to go on short-term disability. However, her procedure was postponed due to COVID-19. Since she was originally expected to return in the summer, Alina ran out of disability insurance coverage and was forced to go on unpaid leave. Alina recently underwent her procedure and has informed her employer she will be returning to work as soon as she is physically able.

 

Home Trust provided Alina with an Equityline® Visa to consolidate debt and provide cash flow until she can get back to work. Her mortgage broker also shared that she has $30,000 in liquid assets to carry her mortgage payments for over a year if necessary. Alina has been attending regular physiotherapy sessions to get back on her feet quickly. We were proud to partner with her broker to find the right solution for her current circumstances and we wish her all the best with her recovery.

 

Are you a Home Trust broker? Submit a deal or talk to your Business Development Manager to learn more.

 

 

 

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