Whatever the reason may be for refinancing, it’s important to
consider renegotiating your loan agreement with a certified
mortgage broker to ensure the new product best suits your needs, now and in the future. Below are a few common reasons you may want to take the opportunity to refinance your mortgage.
Refinancing your mortgage can grant you access to funds that you can use for a down payment to purchase an investment property – way to go on building that real estate portfolio!
A refinance will allow you to access up to 80% of the appraised value of your home. You can use these funds for the down payment and closing costs, and then get started on finding a great tenant.
The mortgage industry and its rates are ever-changing, but a great mortgage broker can shop the market to find you the best product,
rates and terms for YOU.
Refinancing your mortgage can help to lower monthly payments while reducing the amount of interest you pay over the term. You can then apply those savings to what’s really important to you and your family.
I understand the struggle is real when it comes to paying down your debt, all while combatting the rising cost of living. Working with a certified mortgage advisor can give you a fresh start in your savings and wealth plan.
Free up your cash flow, minimize the amount of interest you pay and get your debt under control by consolidating your
debt payments into
one mortgage loan.
When accessing the equity from your home, you can use the funds to suit your unique needs.
If you’re looking to make some upgrades, repairs or major renovations to your home, a refinance could be a great option for you to access these funds.
Best of all, these changes will ultimately increase the overall value of your property when the time comes to sell.
Are you curious about the equity in your home, and want to know how you can put it to work for you? I am only a call away.
Schedule your complimentary consultation to get started.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.