The RLRS financial services team will provide professional, knowledgeable assistance regarding mortgage penalty savings, taxation reporting and subsidy payments. They are the one point of contact concerning financial issues for you and your employees throughout the relocation process.

Financial Services Reporting

Royal LePage Relocation Services (RLRS) provides corporate clients with customized reports for taxation and accounting purposes. Some of our most popular reports include:

• Cost Client Report
• Taxable Benefit Report
• Accrual Reports
• Customized Reports

Rental Subsidy Program

RLRS reports on and manages the process for companies when they offer rental assistance to employees who incur additional expenses when relocating from a lower cost center to a higher one. 

Mortgage Penalty Savings Program

We will negotiate with Financial Institutions to reduce the penalty amount that is charged when employees need to break their mortgage contract when relocating.  We also obtain savings on the Mortgage Default Insurance Premium.

Mortgage Subsidy Program

Some employers provide a Mortgage Subsidy Program for employees moving to a higher housing cost center. RLRS provides a Mortgage Subsidy Program that assists in calculating the subsidy amount and manages the program over the term of the subsidy.

Mortgage Rate Buy-Down Program

Some employers provide Mortgage Subsidy assistance for employees moving to a higher housing cost center.  RLRS arranges and processes the interest buy down with the financial institute.

 

For more information on RLRS' Financial Services, please call 1-866-relo911 or email us at relo911@royallepage2.com