Mortgage Refinancing
Use the money in your home to pay off high interest debts and be mortgage-free quicker.
Canadian financing legislation allows you to refinance to unlock up to 80% of the value of your home. If you owe less than 80% of your home’s current value you may be able to access your home equity by refinancing your mortgage*.
There are many different refinancing options available to you today. Let’s discuss what options might be best for your particular situation.
There are many reasons why you might want to refinance your existing home, including:
-Starting a business
-Renovating your home
-Putting a child through college or maybe helping them get a head start with the down payment on their first home
-Taking money out to purchase investments
-Purchasing an investment, or vacation, property
-Consolidating debts
If approved, refinancing involves paying out the existing mortgage on your home and replacing it with a new mortgage, which I can arrange for you. Refinancing may involve changing mortgage lenders, or staying with your existing lender. I can offer you a variety of options, so you can choose the best product for you.
Contact me today to find out more about refinancing in Edmonton!
*OAC. Program subject to change and/or cancellation at any time.