Smart Reasons To Refinance Your Mortgage
Refinance your mortgage to access home equity
Refinancing a mortgage means paying off an existing mortgage and replacing it with a new one. Your home equity may be available for you to access and invest in a number of ways, including home renovations, additional real estate, post secondary education and more. You can access up to 80% of the value of your home for a refinance.
Refinancing at a lower mortgage rate
One of the best reasons to refinance is to lower the interest rate on your existing mortgage.
Debt Consolidation
Did you know that you could combine all of your high-interest debt – including debt from credit cards, car loans and personal lines of credit – into one low-rate mortgage? By consolidating debts in a mortgage, you can access lower interest rates. With this option, you only make one reduced payment per month.
To discuss mortgage refinance options for you, please contact me by phone at 204.371.9284 or email at lisag@onelinkmortgage.com