When you already have a mortgage, and you want to
get a new one to replace your current mortgage, and
maybe add more money, this is called Refinancing.
Mortgage Refinancing in Canada
We at The Mortgage Specialist are here to offer mortgage intelligence, and to welcome you to our Refinance Centre.
Here are some common questions that people have when they are searching for information on mortgage refinances:
A refinance allows a borrower the opportunity to obtain a better interest rate and terms. Also it allows access to their built up equity.
PURCHASING? This is OUR PROCESS.
Mortgage Refinance – Rate leveraging
A lower Interest rate is one of the main reasons why we get contacted by clients looking to refinance.
Interest rates have been fairly low, and they have been on the low side in comparison to averages, for the last 10 years.
With the rule changes of 2016, the rate conversation has become a far more complicated one than it previously was. The value of your home, the amount that you are looking to borrow, the length of time that you want to borrow for, your type of employment, your credit score….the list goes on and on in the determining factors of your interest rate.
The reality is that you will still be getting a very competitive rate when taking the averages into account.
Mortgage refinancing may be a great idea when
Be prepared to execute it properly
Failing to execute your strategy properly could end up wasting the equity that you’ve worked hard to earn in your home.
We offer numerous smart strategies for mortgage refinancing through our finely-honed mortgage intelligence.
For a deeper conversation don’t hesitate to give us a call today for a no-pressure conversation on mortgage refinancing.
To help our clients with mortgage financing, we work with the following concepts:
Call us at (778) 996-7283 for specific mortgage intelligence, to get the ball rolling, or alternatively—email us at email@example.com and we will send you more information on our home refinancing process.
The information we can offer you will help you make smarter decisions, save home equity and help ensure your financial success. Don’t refinance your mortgage without more information from The Mortgage Specialist.
Monday-Friday: 7:00 – 17:00
Saturday: 8:00 – 16:00
Sunday: By Appointment
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