Services

Mortgage Refinancing

Contact us today to learn about our mortgage refinancing options and how we can help you achieve your financial goals.

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Benefits of Mortgage
Refinancing

Refinancing your mortgage in Canada can have several benefits. Some of the most important to our clients are:

Lowering Your Monthly Payments

Refinancing can help you lower your monthly payments by securing a lower interest rate, extending your loan term, or both.

Reducing Your Interest Rate

Refinancing can also help you secure a lower interest rate, which can save you thousands of dollars over the life of your mortgage.

Consolidating Debt

Refinancing can also help you consolidate high-interest debt, such as credit card debt, into your mortgage, which can lower your overall interest rate and monthly payments.

Refinancing Options

Refinancing a mortgage offers several options to borrowers, and choosing the right one can be crucial. We adopt a personalized approach, taking into account your needs and circumstances before proceeding with any set option. This might be a rate-and-term refinance, which involves getting a new mortgage with a different interest rate or loan term than your current mortgage. Alternatively, you might be more suited to a cash-out refinance, which allows you to borrow more than what you owe on your current mortgage and receive the difference in cash. We can also discuss a Home Equity Line of Credit, a second mortgage, or if working with a private lender would be best for you.

Refinancing Process

You don’t have to go through the refinancing process alone! Jason Anbara is here to assist.

01
Application

We’ll help you put together the necessary documentation to apply for refinancing and start your application.

02
Shop Rates

Once we know more about your situation, we can shop for rates and find you the best options.

03
Discuss Options

Presenting you with our findings, we’ll answer your questions before you proceed to the next step.

04
Obtain Approval

We’ll submit your application and keep you informed once you’ve been approved!

05
Close Mortgage

We will take care of the necessary paperwork on our end, helping you secure your mortgage refinancing in Canada with ease!

Frequently Asked Questions

Refinancing a mortgage is the process of replacing an existing mortgage with a new one, typically to obtain a better interest rate or loan terms, access equity in the home, or consolidate debt.

Refinancing your mortgage can help you lower your monthly payments, reduce your interest rate, or access your home equity for other financial needs. When you work with a trusted mortgage brokerage like the Jason Anbara, we can ensure you know all the steps of the process ahead of time to ensure you’re in the best position to secure a refinanced mortgage. We’ll discuss your financial situation before shopping lender options, delivering you expertly negotiated products that ensure you’re getting the best deal.

The best time to refinance your mortgage is when it makes financial sense for your situation. Here are some situations where refinancing may be a good idea:
  • Interest rates have fallen
  • Your credit score has improved
  • Your home has increased in value

Yes, it is possible to refinance a private mortgage, although the process may be different than refinancing a traditional mortgage through a bank or other financial institution. We can work with any unique situation when it comes to refinancing, all you have to do is let us know, and we’ll negotiate on your behalf!

Apply Now and 

Get Approved Today

Considering refinancing? Jason Anbara is here to help. Connect with us today to get started!