Here are some of the top reasons why people refinance their mortgage.
- To consolidate high interest rate debt.
- To get a better mortgage rate and lower payment and interest costs
- Increase their mortgage amortization to lower their payment.
- Access home equity through a home equity line of credit.
- For the down payment of a new rental property or vacation property.
- To help with children’s university tuition.
- Before you change careers or start a new business.
- Home improvements.
- To pay off any personal or business Income Tax Arrears.
- To help elderly parents.
Reasons for refinancing are personal. If you are looking to save money or make a major purchase we are here to help.
Contact us today.