Mortgage Refinancing in Ottawa
If you are looking to refinance mortgage rates, contact the diligent mortgage specialists at Borrowing Made Simple. With our years of experience and strong standing in the financial world, we’ll make sure your newly refinanced mortgage is everything you want and more.
Looking to make some renovations or investments? What if we told you that we could help you you could borrow up to 80% of your home’s appraised value? Request our services by calling (343) 763-2019 today.
What Is Mortgage Refinancing?
To refinance a mortgage is to pay off an existing mortgage with a new one. Homeowners, such as yourself, will typically do this to:
- Secure lower interest rates
- Lower (or higher) monthly payments
- Renegotiate mortgage repayment periods (also known as mortgage terms)
- Access home equity
With mortgage refinancing, you have an opportunity to re-pave the path to financial prosperity. Instead of repaying your mortgage in accordance to rules set by lenders earlier in your life, you can renegotiate the rules yourself on your terms, using your improved credit rating as leverage.
Are you wondering whether you’re eligible for mortgage refinancing? Call us today to schedule a quick and thorough financial assessment.
How Do You Refinance a Mortgage?
Refinancing a mortgage requires you to apply for a new mortgage. Knowing which lenders to apply to requires the assistance of brokers like the ones at our firm. We’ll handle the many applications, and devote a great deal of time to evaluating the current markets. With us by your side, the refinancing process will go as smoothly as possible.
When Should I Refinance My Mortgage?
We tell our clients that the best time to refinance is when you stand a chance at saving money—plain and simple. If your house has increased in value, or your credit has improved over the years, you may be able to leverage your position and finally get the mortgage you want.
What Are the Benefits of Refinancing Mortgage Rates?
Home refinancing comes with many benefits. By eliminating one mortgage and establishing another, you have the chance to obtain more favorable rates, payments, and terms. If you’re looking to renovate your home or pay off outstanding debts, refinancing can also benefit you. By refinancing your home, you have a chance to tap into home equity that can be used for a variety of purposes.
Refinance Mortgage Rates Today with Borrowing Made Simple
To refinance your mortgage is to take charge of your future. With our help, we’ll make sure the terms and conditions of your new mortgage are written with your best interest at heart. Whether you’re looking to extend the mortgage’s term or use your good credit to lower monthly interest rates, we can help you. What’s more, we’ll do it all for a competitive rate.
Contact Ottawa’s finest brokerage firm at (343) 763-2019 today.