Refinance

It isn't uncommon for clients wishing to take equity out of they home, to enable them to do other things such as investments, debt consolidation or home improvements. A big questions that many people ask is, how much equity is in my home? Did you know that amortization may be brought up to 40 years! This can really help being a mortgage payment into something that is much more reasonable for larger amounts.

Your financial needs change over time, and you may wish to refinance your mortgage to ease your cash flow situation, or generate cash for another purpose or you may want to change your amortization to save on interest costs.

Consolidate debt,
invest or renovate
your home!


One of the requirements for a refinance, is that the home owner have a minimum of 12 consecutive months of payment history. This gives the home owner credibility that he/she will be able to repay the loan. In most cases, a refinance will be greater than 75%, and up to and including 95% of the home value.

It's a good idea to speak with one of our qualified mortgage agents to learn more about your options when wanting to refinance. The time needed to close a refinance is much less than a traditional mortgage, so if you need your funds available sooner than later, this is a great option for you.