Residential Mortgage Refinancing Brokers
Since 1989, Mortgage Intelligence has been helping Canadians meet their short and long term mortgage goals. We offer tailored solutions and personalized service to help you find the best solution for your mortgage refinancing needs.
What does mortgage refinancing involve?
When you refinance, you obtain a new mortgage to pay off an existing one. Natasha Bridgmohan and her team of experienced brokers provide a comprehensive portfolio of flexible mortgage refinancing options to help you achieve what you need – today and in the future.
There are many reasons why you may want to refinance or increase your existing mortgage:
Consolidate existing financing to pay down your mortgage sooner – By combining your current mortgages into a new consolidated mortgage with a lower interest rate, you will be able to maintain your current payment amount with a greater portion of it going toward your principle. This will reduce the time necessary to pay off your mortgage, potentially decrease fees, and greatly reduce the amount of interest you will incur.
Other debt consolidation – Utilize your home’s equity to consolidate other non-mortgage debt. By doing this you could reduce your interest rate, reduce your monthly payment obligation, and potentially reduce your overall interest costs significantly
Renovation and home improvements – Refinancing can help provide the necessary funds for improvements to your home. We can guide you through this process, from helping you access your home equity to ensuring your new ‘topped up’ mortgage is properly insured.
Increase cash flow – By refinancing your mortgage, you can take advantage of lower interest rates and reduce your monthly payments. This will increase your cash flow.
Important factors to consider when refinancing your mortgage
Do you expect interest rates to go up? Or have they fallen? Are you eligible for a lower-rate mortgage? Maybe your credit score has improved and you may now qualify. Is your current mortgage not meeting your changing financial and lifestyle needs?
All of the above questions and more will be on your mind when you consider refinancing your mortgage. At Mortgage Intelligence, Natasha and her team of brokers will provide you with all of the necessary information and answer all of your questions to ensure that you understand what refinancing involves – before you make a decision.
Natasha and her team will:
- Provide expert advice on whether refinancing is a good option, based on your requirements. They will highlight the potential benefits, and the costs involved with refinancing your property.
- Help determine whether you are eligible to refinance your mortgage
- Tell you exactly how much your mortgage refinancing will cost
- Offer simple, easy-to-use Mortgage Refinancing Calculators to help you calculate your overall cost, the break-even period, how much money you can save, payment amounts, etc.
- Work with your existing lender(s) or switch your mortgage to a new lender to find you the most favourable rate. We work for YOU – not the bank, not the mortgage lender
Your home is one of your biggest and most valuable financial assets, so it is important that you carefully consider all aspects of your mortgage refinancing decision. Consulting our mortgage professionals before you decide will ensure your understanding of the options available and help you choose the right mortgage refinancing solution to best meet your needs.
To get more information, contact Natasha and her team of expert private mortgage brokers today. Call us toll-free at 1-866-553-7467 ext 221 or 905-851-8871 ext 221. You can also complete our online mortgage application form.