Reasons for a Refinance / Debt Consolidation:

* Debt Consolidation can wrap all your monthly debts into one lower rate, lower payment amount.

* A decrease of mortgage payments can be achieved by refinancing and extending the Amortization. The maximum Amortization in Canada is now 35 years for purchase transactions. For those with 20% equity or more a 40 year Amortization is possible.

* Equity can be borrowed form the home to buy Investments to diversify your financial portfolio and take advantage of Stock Market conditions.

* Renovations actually increase the value and livability of your home.

* Quality insulation, a pool, updating interior finished all increase value and enjoyment.

* Some Homeowners use their existing equity as a down payment to buy a Recreational home or even a Rental for future investment and diversification of their portfolio

* There are times when it makes sense to buy high cost items and finance them at the very low rates that are offered through a mortgage.

* Special occasions are often high cost and can’t be financed in any other ways. Taking advantage of existing equity to pay for education costs for a child or assist in making a dream wedding or vacation possible is an option when the equity supports it.

We have many refinance options available for a wide array of circumstances so don't hesitate to contact us today!