Vijenthiran Vijayaratnam
AMP # M08002899
Refinancing can be defined as the placement of a new mortgage to pay out an existing mortgage while using the same property as collateral. This can be done with the same mortgage lender, or with a different lender.

Some of the main Take advantage of lower mortgage rates If you are losing sleep because today's interest rates are quite a bit lower than what you are paying on your mortgage, then it might be time to consider refinancing. You would basically be exchanging a high mortgage rate for a lower one, giving you a lower monthly payment. Today's mortgage rates.

Mortgage refinancing can be a good option if you have other debts that you are paying higher interest rates on. Debt consolidation allows the borrower to consolidate all their debt into a single low interest mortgage loan. Learn more about debt consolidation.
585 Middlefield Road, Suite 16.
Toronto, ON. M1V 4Y5
Tel: 416.732.7784
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