Your Equity at Work
- Refinance limited to 80% of current appraised value
- Lines of credit available up to 65% of current appraised value
- Increase purchasing power
- Equity provides you with an opportunity to borrow for improvements, renovations, or other purposes
Refinancing and Home Equity
There are many reasons why you might want to refinance or increase your existing mortgage: to consolidate non-mortgage debt, to finance improvements to your home, etc. Let us help you negotiate with your existing lender or switch to a new lender who will give you a more favourable rate. There are many factors to consider when refinancing your mortgage, including figuring out the costs to switch your mortgage. Please take time to review your options thoroughly with Kevin, your Accredited Mortgage Professional. Kevin will provide you with information to help you get the most out of your home and the equity that you have built.