Refinancing Your Home
Refinance your home to take advantage of low interest rates and more!
Thinking about renovating your condo or putting an addition onto your home? Maybe you want to pay off that high interest credit card debt or you’re looking to capitalize on a lower interest rate? Regardless of the situation, we will provide you with options and solutions tailored to your needs.
Refinancing a mortgage means paying off an existing loan and replacing it with a new one. Some of the biggest reasons why people refinance their mortgage is to take advantage of low interest rates, access equity immediately, and consolidate debt such as high interest credit card balances and loans. By refinancing, you can access up to 80% of your home’s value less any outstanding mortgages. You can use this equity to renovate your home, buy an additional property, invest in stocks, buy a car or boat.
Canadians today are faced with many reasons as to why they need to address the subject of mortgage refinancing. The Mortgage Professionals are here to help you with any decisions that you may need to make for refinancing your home 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 mortgage.
Vancouver mortgage refinancing is also a good option to pull out equity for consolidating debt, home improvements, investments, college expenses, and more. We work with Dominion Lending Centres to find you the best options available for refinancing your home and negotiate the lowest mortgage refinancing rates.
Contact us today for your free no obligation mortgage assessment. We’ll help you understand the advantages and pitfalls when trying to refinance your new home.