Are you looking to finance a large purchase? Perhaps you have an unexpected tax bill or you want to renovate your home but are lacking the funds. In any case, refinancing can be a great option for those looking for a quick influx of cash at a lower interest rate than a conventional loan.
Refinancing involves paying off your current mortgage and replacing it with a new one, giving you access to the equity in your home.
There are many advantages to refinancing, including:
- The ability to finance a large purchase
- Obtaining a lower interest rate on your existing mortgage
- Renegotiating your mortgage terms in order to get your mortgage paid off faster
- Consolidating your debt by replacing other high-interest loans with a low-interest mortgage
Book an appointment with one of our certified Mortgage Brokers today so we can down with you, discuss your situation and come up with the best possible solution based on your individual needs.