Refinancing has the potential to be a worthwhile decision, depending on your specific circumstance. By assessing factors like current interest rates, your current loan terms, and your financial goals, you can determine if the potential benefits, such as reduced payments or accessing equity, outweigh the associated costs. We can provide simplified mortgage options to compare to your current financial profile to help you make an informed decision.

The refinancing process will typically take 30 days or less. It begins with selecting a loan that aligns with your financial goals. Next, an appraisal of your home’s value is conducted and your loan application is forwarded to an underwriter for assessment. Post underwriting approval, a closing date is set. Upon closing and funding of your loan, your existing mortgage is paid off with the new loan proceeds. Subsequently, you commence repayments on the new loan.