One way to eliminate high-interest debts and accelerate mortgage-free status is to tap into home equity. This can also be used for renovations, investments, or debt consolidation. Refinancing can lead to better rates, terms, and potential debt consolidation or adjustment of amortization. This can be done with top Canadian lenders for tailored solutions and savings or by switching to a new lender for improved rates and savings. It is important to adjust mortgage amortization or rate for better payment and prepayment options and to refinance up to 80% of home value to address credit card debt. It is also possible to adjust the mortgage to leverage equity or fund education. However, prepayment penalties should be watched for and it is helpful to use innovative tools in Canada to streamline the process. The process can be made simple and informed with support.