Refinancing your mortgage can be a great way to reduce your monthly household payments, complete home renovations and/or get funds to purchase investments.
There may be many variables to consider when looking to refinance your mortgage including your current interest rate on your mortgage and other debt, market interest rates, debt load, the reason for needing the funds, employment situation, amount of equity in your home etc, but I want to show you a very common example that makes a lot of sense.
This example shows savings of $400/month in cash flow combined with paying off high-interest debt and lowering the current mortgage interest rate.If you think you could benefit from a refinance, then we need to talk.
If you think you could benefit from a refinance, then we need to talk.
iSask Mortgage Brokers
517 4th Avenue North