Canadians today face many reasons to refinance their mortgage. For example,
you may have been working at improving your credit score and now qualify
for a new mortgage with a better discount, or you may want to stabilize your
payments by changing from a variable rate mortgage to a fixed-rate.
Refinancing your mortgage can provide you with a host of benefits.
Here are the top 4 reasons to explore refinancing your mortgage with us:
Our passion is listening to clients ideas, thinking through solutions and coming up with the best solution to help with their mortgage needs. Most Importantly, we keep it simple.
Refinancing Your Mortgage Can Lower Your Monthly Repayment
Refinancing to a new lender could allow you to benefit from savings such as lower interest rates, fewer fees, additional benefits, etc.
You Could Pay Your Mortgage Off Faster
If you find yourself making significantly more income, there is the option of choosing a lower term to pay off your mortgage sooner.
Unlock The Equity In Your home
You could get a line of credit based on the value of your home and the amount you've already paid on your mortgage.
Consolidate Your Debts
If you have enough equity in your home, you will be able to pay-out high-interest debt through a refinance.