Refinance

What is Mortgage Refinancing?

Mortgage refinancing means renegotiating your existing mortgage for a new one. Homeowners refinance to access the equity of their home for cash, taking advantage of lower interest rates to decrease their mortgage payments.

Some of the most common reasons to refinance:

• You're at the end of your term and want to borrow more

• You want to switch between fixed or variable

• You want to consolidate high interest debt (credit cards)

• You want to pay for renovations (new roof, basement reno)

• You want to contribute to investments

Should I Refinance?

Refinancing your mortgage can be a hard decision to make - but it may sometimes be worth it. Speaking with a Mortgage Associate or Broker is always the best decision when considering a mortgage refinance.

Curious about numbers? Check out our Mortgage Calculator.

We are currently serving the following areas:

• Saint John

• Rothesay

• Quispamsis

• Hampton

• Grand Bay-Westfield

• St. Martins

• St. Andrews

Your location not listed? Contact Us.