SAMARY MORTGAGES

Refinancing Your Property

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Whether you want to renovate your home, fund your child’s higher education, buy an investment property, pay off other high interest debts, or lower the interest rate on your existing mortgage, a strategically reviewed re-financing approach is required.

If your existing mortgage is closed, early termination will incur a fee (penalty), but it may still be worthwhile to refinance if the potential interest-rate savings outweight the penalty.

The Canadian Mortgage and Housing Corporation (CMHC) describes refinancing mortgages as a type of financing that allows the homeowners to pay in full the amount of their prior mortgage by securing another mortgage.

Apply Now, Pre-approval comes to you at no cost and no obligation, whatsoever.

To Refinance Economically