Mortgage Refinancing

Access your home's equity and reduce your mortgage costs. Refinancing allows you to leverage your home's equity in access cash for renovations, debt consolidation, investments, or simply to lower your monthly payments.

Couple planning refinancing

What is Mortgage Refinancing?

Refinancing means replacing your existing mortgage with a new one, typically with different terms and conditions. This can help you access equity, lower your interest rate, change your amortization period, or consolidate debt.

When to refinance:

  • Interest rates have dropped
  • You want to access equity
  • You want to shorten your mortgage term
  • You want to switch from variable to fixed rate

Refinancing benefits:

  • Lower monthly payments
  • Access cash for renovations or expenses
  • Consolidate debts
  • Better rate certainty

How Refinancing Works in Ontario

1

Assess Your Situation

We review your current mortgage, home value, equity, credit score, and financial goals to determine if refinancing makes sense for you.

2

Get a Home Appraisal

We arrange a professional appraisal to determine your home's current market value, which affects how much you can borrow.

3

Explore Your Options

We shop multiple lenders to find you the best rates and terms. You'll see all options with clear comparisons.

4

Complete the Application

You'll provide financial documents and complete the mortgage application. We guide you through every step.

5

Final Approval & Closing

Once approved, we coordinate the legal work and closing. You'll sign documents and receive your funds.

Ready to Get Started?

Let's find you the best mortgage rates and terms. Schedule your free consultation today.

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