Mortgage Refinancing

Defining Mortgage Refinancing

Mortgage refinancing is the replacement of an existing mortgage with another mortgage under different, usually better, rates and terms and conditions. While this can be done for solely the existing mortgage amount, usually someone who is refinancing their mortgage will convert additional equity (value) from their home into additional funds, granting them access to funds above the amount required to the entirety of the initial mortgage. They then use these additional funds as they see fit, often for debt consolidation or home improvement. Some confuse mortgage refinancing with a second mortgage, but they are different. A second mortgage is in addition to your first mortgage and does not replace it as refinancing would.

Unlock your home equity, convert into funds

Canadians today are facing many reasons to refinance their mortgage and covert their home equity into funds. Whether your credit or income has improved and you now qualify for a lower interest rate with a better discount, consolidating high-interest debt such as credit card debt and loans, or funding your children’s educational expenses, Shane and his team can easily and quickly get you funds.

By applying with Shane and his experienced team of mortgage experts, you’ll receive free (O.A.C.), fast, confidential, and non-judgemental service that will help you to understand your mortgage refinancing options and be provided with a selection of qualifying mortgage products from a wide range of lenders with great low rates and terms and conditions that suit your current financial situation and long-term goals.

Mortgage Refinancing

Mortgage refinancing is gaining popularity throughout the country as more and more individuals recognize the value in refinancing their home for a variety of reasons, from obtaining a better interest rate and therefore often lower monthly payments to save them money each month, to consolidation of high-interest debt such as credit card debt, or for renovations to better enjoy their home and increase its value for future resale. Whatever the reason, a mortgage refinance could provide you with large savings and an opportunity to access additional funds immediately for your use.

Shane and his experienced team have completed countless mortgage refinances and are happy to serve you in refinancing your current mortgage and converting up to 80% of your home equity (value) into funds. Working with the latest in secure technology, Shane prides himself on operating with excellence and delivering an industry-leading fast and efficient service to his valued clients that allows them to complete their mortgage refinance without ever leaving the comfort of their home. Apply today or contact Shane to understand more about the process and begin.

  • Shane provides FREE service (O.A.C.) to those seeking a mortgage refinance, delivering industry-leading 7-day availability, from 8 a.m. to 8 p.m. EST.
  • As experienced mortgage experts, Shane and his team endeavour to process your refinance in a timely manner and work efficiently to ensure you receive your funds fast and stress-free, without ever having to meet in person.
  • Shane and his team search hundreds of local and national lenders, including trusted leading banks, monoline lenders, credit unions, trust companies, and private lenders, all who offer a wide range of quality mortgage products.
  • You can convert up to 80% of the value of your home into immediate funds to use as you’d like, including high-interest credit card debt consolidation.
  • If your credit score and history has improved, or your income, you may be able to obtain a mortgage with a lower rate resulting in lower payments and free up more monthly disposable income to spend on what’s truly important.

Could you use some extra funds?

Shane and his experienced team are waiting now to help you refinance your home and unlock additional funds to use as you see fit. Servicing you entirely online, over the phone, or in-person, we work in serving you without commitment or fees (O.A.C.).

Benefits of Mortgage Refinancing

Convert your Home Equity into Funds

Refinancing allows you to take additional equity, up to 80% of your home value, out of your home and use for the things that truly matter to you; whether it's debt consolidation or home renovation.

Renegotiate Current Interest Rate

If you're in a better situation presently with your credit score, credit history, or income than when you previously obtained your mortgage, you may be able to refinance at a lower rate and lower payments.

More Disposable Monthly Income

Refinancing your current mortgage and getting a better low rate may mean lower payments, freeing up monthly income to use elsewhere. Debt consolidation will also save you money previously paid in high-interest.

Use your home equity for the things that truly matter

Whether you’re looking to refinance your current mortgage to unlock equity in your home for debt consolidation, home improvement, tuition, or travelling, Shane and his experienced team are waiting now to take your application and help you achieve your goals and dreams.

Mortgage refinancing doesn’t have to be stressful or intimidating. My team and I are dedicating to excellence in serving clients with their refinancing needs. Whether they’re looking to escape the burdens of mounting high-interest debt, wanting to finish that kitchen renovation to increase their home value, sending their children to college, or simply travelling the world, I offer great products with great low rates.

― Shane Osmond, Mortgage Agent