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Mortgage Refinancing

Switch to a better rate and save thousands on your home loan

What is Refinancing?

Refinancing means switching your existing home loan to a new lender or a different product with your current lender. It's one of the best ways to save money on your mortgage.

Many clients save $300-$500 per month by refinancing to a better rate.

Potential Savings Example

Current Loan

Balance$450,000
Rate6.5%
Monthly$2,844

After Refinancing

Balance$450,000
New Rate5.8%
Monthly$2,644

Save $200/month

$72,000 over 30 years

When Should You Refinance?

Lower interest rate available (0.5% or more savings)

Fixed rate period ending soon

Want to consolidate debts into one loan

Need to access equity for renovations or investments

Switching from interest-only to principal & interest

Poor service from current lender

Refinancing Costs

While refinancing can save you money, there are costs to consider:

Discharge fee (current lender)$150 - $400
Application fee (new lender)$0 - $600
Valuation fee$150 - $300
Total Est. Cost$500 - $2,100

* Many lenders offer cashback incentives that can offset these costs

Our Refinancing Process

1

Free Review

We analyze your current loan and find better options

2

Compare Options

Review rates and features from 40+ lenders

3

Handle Paperwork

We manage the entire application process

4

Switch & Save

Seamless transition to your new loan

Ready To Start Saving?

Get a free refinancing assessment and discover how much you could save.

Get Free Assessment