One way to make use of the equity in your home is by tapping into it to eliminate high-interest debts and speed up your journey to being mortgage-free. By refinancing, you can secure better rates and terms, and even consolidate your existing debts or adjust your amortization schedule. We work with top Canadian lenders to provide tailored solutions that can save you money. Alternatively, you may choose to switch to a new lender in order to take advantage of improved rates and potential savings.

In addition to debt elimination, you can also access your home equity for other purposes such as home renovations, investments, or further debt consolidation. If you're looking for more flexibility with your mortgage, you have the option to adjust your amortization schedule or interest rate to better suit your needs. This can provide you with improved payment and prepayment options.

If you're burdened by credit card debt, refinancing allows you to address this by refinancing up to 80% of your home's value. As life changes, you may also need to adjust your mortgage to leverage your equity or fund education. However, it's important to be mindful of potential prepayment penalties that may apply if you choose to refinance.

In Canada, there are innovative tools and processes in place to streamline the refinancing process and provide you with efficiency, money-saving opportunities, and easy access to your home equity. We are here to ensure that you have a straightforward and informed experience every step of the way, offering our support throughout the process.