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 is also a good option to pull out equity for consolidating debt, home improvements, investments, college expenses, and more. It is important for the homeowner to have a clear understanding of their financial situation and objectives – keeping this in mind in order to acquire the loan that will work best for them.
Contact us to learn more about the opportunities available to you.