Refinance. Reset. Relax

---

Refinancing means replacing your current mortgage with a new mortgage, often with better terms. It’s a smart financial move that can help you save money, access equity, or reduce financial stress — depending on your goals.

✅ Lower Your Interest Rate
If rates have dropped since you got your original mortgage, refinancing can reduce your monthly payments and total interest paid.

✅ Access Home Equity
Need funds for home renovations, debt consolidation, education, or investing? Refinancing lets you borrow up to 80% of your home’s value (minus what you owe).

✅ Change Your Mortgage Type or Term
Switch from variable to fixed (or vice versa), or adjust the term length to better match your current situation.

✅ Consolidate High-Interest Debt
Roll your credit card or loan balances into your mortgage to save on interest and simplify your finances.

• Interest rates are lower than your current rate 
• You need extra funds for personal or financial goals 
• You want to change your mortgage structure
• You're coming up to your mortgage renewal date
   

• May involve penalties if you break your term early 
• You’ll go through the application process again
• You may need a home appraisal
   

But with expert advice, the long-term savings and flexibility often outweigh the short-term costs.