Mortgage Refinancing in Orleans

If you are looking to access home equity, secure a lower interest rate, or establish new mortgage terms, mortgage refinancing is the savvy and cost-effective approach. Mortgage refinancing allows you to break free from an unfavorable agreement and use your leverage to set terms that work in your favour.

Rid yourself of your old mortgage’s terms by contacting the diligent brokers at Borrowing Made Simple today. When our brokers are your advocates, you will secure a new mortgage with the terms and rates you need to thrive.

Request our services by calling (343) 763-2019 today.

What Is Mortgage Refinancing?

When an individual refinances a mortgage, they are usually doing one of two things:

paying off an existing loan and replacing it with a new one, or refinancing at the end of the mortgage’s term to access home equity.

Borrowers looking to replace their existing mortgage usually do this for one or several reasons. They may want to convert their mortgage from fixed-rate status to adjustable-rate in order to obtain lower interest rates, or they may want to extend the mortgage’s term.

When refinancing at the end of a mortgage’s term, the objective is to access valuable home equity for reasons related to investments, home improvements, or debt consolidation.

Whatever your reasons for home refinancing, our esteemed brokerage can surely be of assistance. If you have more questions or would like to begin the refinancing process, call us today.

How Does Refinancing a Mortgage Work?

Refinancing a mortgage requires you to apply for a new mortgage. With our help, this process will be as simple as can be. We will work with lenders to secure a new mortgage tailored to your present needs and once approved, the new mortgage will pay off the existing mortgage. You will move forward with the best refinance rates and better terms.

When Should You Refinance Your Mortgage?

The best times to refinance a mortgage are when you are near the end of your mortgage’s term, or when the market’s rates have dropped. When changes in the market have lowered rates, it is always wise to secure a lower interest rate for your own mortgage. Even a 1% reduction in interest rates can save you untold amounts of money over your lifetime.

What Are the Benefits of Home Refinancing?

There are many benefits to refinancing your mortgage. Some of them include, but are not limited to:

  • Lowering your monthly payments
  • Building equity
  • Paying off high-interest debts
  • Lowering interest rates
  • Paying off your mortgage sooner

Refinance Mortgage Rates with Us Today

When you refinance your mortgage, you are doing more than taking out another loan. You are taking the steps needed to save yourself money and stress for years to come. When we’re handling the negotiations on your behalf, you can rest easy knowing the terms of your new mortgage will be as favorable as possible. We’ll work to extend or minimize terms, lower rates, and more.

Refinance mortgage rates today. Call Borrowing Made Simple at (343) 763-2019.

What's Next:

Mortgage Rates

Mortgage Rates

Borrowing Made Simple’s years of expertise, help find homebuyers mortgages with suitable rates.

Learn More
Calculate a Mortgage that works best for you

Mortgage Calculators

Crunch the numbers and explore your mortgage options!

Learn More
Speak to a Consultant at Borrowing Made Simple today

Get Started

We shop for the best mortgage option at no charge to you.

Start Today