Refinances

You can refinance up to 80% of the value of the property. Here are just a few reasons you might want to consider refinancing:
- Debt relief with reduced monthly payments
- Purchasing an Investment Property
- Renovations
- Lower Interest Rate
- Big Ticket Purchase i.e. truck, cottage, boat
- Education Financing

Key things to consider when refinancing:
- How long do you plan to keep this house?
- How much is the mortgage penalty to break the mortgage?
- What other costs might you incur for arranging a new mortgage?
- Do you need access to the funds now, or later down the line?
- Does this make financial sense?