Like many Canadians you may be considering using the equity generated in your home to re-invest in your dreams, consolidate or other important reasons. A mortgage refinance enables you to borrow additional funds, so you can afford the things you’ve always wanted. Doing a refinance can also help you save money, improve your monthly cash flow and improve affordability to meet investment and even retirement strategies.
Some reasons to consider refinancing your current mortgage:
- Home Improvement
- Debt Consolidation
- Release of Equity
- Lines of Credit
- Emergency Funds
- Purchase Rental Property
Let a Verifive Mortgage associate guide you through the options of leveraging the equity in your most valuable asset. We can explore how taking advantage of flexible mortgage features and interest rates can allow you to withdraw equity while keeping your payments affordable.
*Details and availability will vary among lenders