MORTGAGE REFINANCING

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:


  • When should you refinance your mortgage?
  • Is My mortgage refinancing worth it?
  • When is refinancing a bad idea?
  • When can you refinance your mortgage without penalty?

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

  • you’re looking to use the equity you’ve earned in your home to invest
  • to pay off higher-interest liabilities, or
  • to complete much-needed home renovations.

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.

Advice

MORTGAGE REFINANCING

To help our clients with mortgage financing, we work with the following concepts:

  • HELOC (secured line of credit)
  • Interest-only and other low-payment options
  • Access to second/third mortgage financing, including privately-sourced financing

Call us at (778) 996-7283 for specific mortgage intelligence, to get the ball rolling, or alternatively—email us at aleem@themortgagespecialist.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.

OFFICE HOURS

Monday-Friday: 7:00 – 17:00

Saturday: 8:00 – 16:00

Sunday: By Appointment

Holidays: Closed

THE MORTGAGE SPECIALIST

We are Canada’s top rated mortgage brokers based in Burnaby, BC, Canada since 2000. With our experience, you will get the Best Mortgage Rates. Guaranteed.


OUR SERVICES

Mortgage Purchasing

Mortgage Refinancing

Mortgage Renewals

Debt Consolidation

Separation or Divorce Solutions

Reverse mortgages.

AREAS WE SERVE

Abbotsford

Burnaby

Coquitlam

Delta

Langley

New Westminster

North Vancouver

Pitt Meadows

Port Moody

Richmond

Surrey

Vancouver

Coal Harbour

False Creek

Kerrisdale

Mount Pleasant

Shaughnessy

CONTACT

OUR MAIN OFFICE

#227 – 5589 Byrne Road Burnaby, BC. V5J 3J1


CALL US

(778) 996-7283


EMAIL

heathercontant@outlook.com