Refinancing Your Mortgage

There are many reasons you may be looking at refinancing your mortgage. You may want to keep your mortgage balance the same and simply take advantage of today's low rates.  Or you may wish to consolidate debts, make improvements to your home or garden, purchase a vacation home or investment property or top up your RRSP's etc? Let me negotiate with your current lender or switch to a new lender who will give you a better rate or product for you.

Example of a refinance
I can reduce your monthly payments, and/or save you interest over the life of your mortgage!

Current Mortgage:
$325,000 @ 5.5% 5 year term,  25 year amortization
Monthly payment  $ 1,984

New Mortgage:
$350,000 @ 4.25% 5 year term, 35 year amortization
Monthly Payment  $ 1,595

 ( rates subject to change)