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Posted by Lavinia Woodburn, Mortgage Agent on 03/24/2016

Mortgage Refinancing

Mortgage Refinancing

With interest rates today still hovering at historic lows, now is a great time to take advantage of mortgage refinancing.   Mortgage refinancing allows you to access up to 80 percent of the value of your home and can be used for purposes such as :

  • Lowering your current interest rate 
  • Lowering your monthly mortgage payment
  • To get rid of high interest consumer debt   - More about Debt Consolidation.
  • Consolidate two mortgages such as a first and second mortgage
  • Renovate your home to improve its value
  • Pay off property tax and/or tax arrears
  • Finance a child's educations
  • Deal with family situations such as a divorce
  • Buy a second home or cottage
  • Buy an investment property

We also help to make refinancing easier by excepting non-traditional forms of income such as: 

  • Maternity Leave Income
  • Child Tax Credit
  • Pension and Disability
  • Rental and Investment Income

Our team of experts look forward to helping you achieve your real estate and mortgage financing goals!  For more information, contact The Mortgage Queen at 647-899-7377 or email us at info@MortgageQueen.ca

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