Existing Homeowners
Existing Homeowners
Whether you want to move into a bigger home, reduce or refinance your mortgage or use your home equity to borrow and save, one of our 911 Mortgage Brokers will help you explore all of your mortgage options.
WHAT DO YOU WISH TO DO?
Obtain a Lower Interest Rate
The interest on a fixed rate mortgage that you took several years ago may have dropped drastically. Refinancing the existing mortgage will entitle you to avail of the reduced interest rate.
Adapt to Financial Changes in Your Life
If you have had some financial changes in your life such as moved to a new area or taken on a new job, or if there have been changes in the market, you may wish to consider refinancing your mortgage and adapt to your new economic situation and market changes. One of our mortgage brokers will assist you with a financial assessment and provide you with a mortgage that fits your needs and your lifestyle. This may include extending your amortization to lower your monthly payment, increasing your mortgage amount to incorporate newly acquired responsibilities, or if you are nearing retirement age, getting a seniors mortgage. We have mortgage options depending on the stage of your life and your own personal circumstances. We will explore all of your mortgage options and provide you the best mortgage.
Consolidate Multiple Mortgages into One
Paying the installments of two or more mortgages at the same time can be quite a burden for most individuals. The best solution in this case is to consolidate the multiple mortgages into one, with a fixed monthly interest rate and a longer repayment duration.
Pay Off Credit Cards and Other Debts
The proceeds from your refinanced mortgage can be used to pay off credit card bills and other similar expenses. Since mortgage interest is 100% tax deductible, you end up saving a considerable amount.
Get Funds for a Home Renovation Project
Whether you’re planning a major home renovation or a small project, we offer financing options to meet all your home improvement needs. One of our 911 Mortgage Brokers will guide you through your options, and discuss whether you need all the money upfront, or at different intervals, to ensure you’ve got all the funds you need to complete your home renovation project.
Purchase an Investment Property
Make the equity in your home work for you! Whether you are looking to buy a condo in the city, or a rental property in a more suburban setting, one of our 911 Mortgage Brokers will provide you with financing options so you can buy that investment property of your dreams. You could purchase a residential property, including rental properties of up to four units.
We will look at our investment as a whole including financing the new property, and we can even roll in the closing costs and property taxes so you can invest with peace of mind and continue growing your portfolio successfully.
Help Your Kids Buy their First Property
Make the equity in your home work for you! Whether you are looking to buy a condo in the city, or a rental property in a more suburban setting, one of our 911 Mortgage Brokers will provide you with financing options so you can buy that investment property of your dreams. You could purchase a residential property, including rental properties of up to four units.
We will look at our investment as a whole including financing the new property, and we can even roll in the closing costs and property taxes so you can invest with peace of mind and continue growing your portfolio successfully.
Do the things you always wanted
A Mortgage refinance could provide you with peace of mind in doing things you always wanted such as help with kids’ education costs, take that dream vacation, buy the perfect vehicle, get a home renovation and so much more.
Make Cash Provisions for Emergency Situations
You can refinance your existing mortgage to free a larger amount of cash, depending on your home equity. Since a mortgage is a secured loan, the interest applied is considerably lower than that of an unsecured loan. During the pandemic, many homeowners went through unforeseen situations. An Emergency Loan can help you for a short period of time to avail you of the funds needed when you need them the most.
We Are Happy To Help!
We help you decide whether it is the right time for you to refinance. The decision to refinance should be carefully evaluated to avoid any complications at a later stage. By carefully studying the status of your current mortgage and comparing it to your income and other debts, we help you pick the refinance solution that best suits your current financial status.
We offer some of the lowest and most competitive mortgage refinance rates in the market. Regardless of your requirement, whether it is to consolidate existing mortgages or obtain a better rate, we get you the best deal possible. Our experienced mortgage professionals, who have extensive knowledge of the mortgage industry, will provide the necessary guidance that you need in making the right refinance decision.
