Homeowners can tap into their home's equity to eliminate high-interest debts and accelerate their mortgage-free status. This can be achieved through refinancing for better rates, terms, and potentially consolidating debt or adjusting amortization. By utilizing top Canadian lenders, tailored solutions and savings can be achieved, and switching to a new lender can offer improved rates and potential savings. Home equity can also be used for renovations, investments or debt consolidation. Homeowners can adjust their mortgage to leverage equity or fund education, and refinancing up to 80% of home value can be done to address credit card debt. It's important to adjust your mortgage as life changes to leverage equity or fund education and refinancing at any point requires paying attention to prepayment penalties. Innovative tools in Canada streamline processes for efficiency, money-saving opportunities and equity access, and simple and informed processes are supported at every step.