Mortgage Refinance

Access up to 80% of your home’s value less any outstanding mortgage balance.

Canadians today face many reasons to refinance their mortgage. Without a doubt, refinancing your mortgage can help you:

  • Consolidating debts
  • Lowering monthly payments
  • Funding vacation
  • Equity take-out
  • Home improvements
  • Investments
  • College expenses
  • Switching to a better mortgage term

Another example might be: you may have been working at improving your credit score. And now you qualify for a new mortgage with a better discount. Or you may want to stabilize your payments by changing from a variable rate to a fixed-rate.

Refinance mortgage

 

Calculate how much you can get by refinancing?

Use this calculator. Moreover, you can calculate:

  • your savings on interest on loan payments.
  • maximum refinancing amount you’ll qualify for.
  • interest you’ll be saving by paying off early.
  • savings by using accelerated biweekly payments.

Refinancing your mortgage might give you a better rate. But there may be large penalties to refinancing that outweigh the savings. Thus use  my mortgage refinance calculator to help you decide if refinancing is worth considering.

I’ll get the BEST RATES.

I have access to Canada’s best mortgage rates. So let me help you search the best mortgage product based on your income and credit score. Call now to find your eligibility!

Closing costs associated with Refinancing

Mostly lenders will cover your legal costs. But you might to carry your mortgage break penalty into your new mortgage. To add,  penalty is charged by your lender for breaking your mortgage term early which is based on your original contract date, current mortgage balance and rate.

Have any questions? Call me now (647) 568-5120.

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