Refinance Your Mortgage Fast in Mississauga

1. Refinance Your Mortgage Fast in Mississauga – Mortgage Mojo At Mortgage Mojo we make refinancing your home simple. Our flexible and affordable refinancing options allow you to access up to 85% of the equity in your home to meet your financial needs. Our mortgage experts can provide you with all the assistance and knowledge that you would require to help make that all-important and well-informed decision for your mortgage refinancing needs. Access up to 85% of the equity in your home Refinance 1st or 2nd Mortgages to Maximum Equity Historically Low Interest For $500,000 mortgage, at today’s 2.5% compared to 3.5%, clients save 76,800$ over 25 years Reasons to Refinance your Mortgage Pay Off Debt

2. Investment Opportunity Increase Cash Flow Home Improvement & Renovation Business Financing Vacation Lower Interest Rate Pay tuition Fee Auto Financing Advantages of Refinancing Mortgage Lower Monthly Payments One of the main reasons for a person refinancing a mortgage is to net a lower monthly payment. Before refinancing, it’s best to check the most current mortgage rates to make sure they’re lower than your current rate. Even a difference of a single percentage or two can make quite an impact on your financial future. We’d like to point out here that there are fees involved with refinancing, so make sure you’ll be able to recoup the cost of those fees, which you can do simply by occupying your home for as long as possible. Build Faster Equity It might sound a little crazy, but refinancing to a loan with a shorter term, which comes with larger payments, can be a great idea for some homeowners. The reason for this is going from a 30-year mortgage to a 15-year mortgage allows you to build up equity in your property faster, which also saves you money on interest if the rates are lower. Stabilize Your Loan Payments If you currently have an adjustable rate mortgage and wish for more predictable loan payments each month, consider refinancing to a fixed-rate mortgage. Depending on how much risk you’re willing to take and your current as well as your future financial situation, going from an adjustable rate mortgage to a fixed rate mortgage could be the perfect switch for you.