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Refinance a Mortgage in Hamilton

Refinance a Mortgage in Hamilton

To refinance a mortgage in Hamilton means paying off your existing mortgage, or any other legal claims, and then getting a brand new mortgage preferably with a better rate. At Access Mortgage, our professional team can assist you with refinancing your mortgage. We specialize in working with people who already own a home, people who are in debt, people with unprovable income, and even people who have a variety of unfavourable financial situations. We help these people by providing them with debt management and assisting them with getting a first, second, or even third mortgage. Refinancing a mortgage in Hamilton is a better strategy then claiming bankruptcy, consumer proposal, or debt counselling, because of the negative impact on your credit. Read on for more information about refinancing a mortgage with Access Mortgage.

It is recommended that Canadian residents take the time to review their mortgage annually. Canadians are spending needlessly on mortgages that are long overdue for an update that can save them money. Here are a few reasons why refinancing a mortgage in Hamilton is a good idea:

Refinancing can lower your payments:

Refinancing your mortgage at a lower interest rate could mean drastically reducing your payment and saving tens of thousands of dollars in interest. Lowering your mortgage payment could also free up hundreds of dollars per month that could be saved or invested. Although refinancing to lower your payment could increase the term of your loan, it could make sense in your particular situation.

Refinancing from adjustable-rate to fixed-rate:

If you currently have an adjustable-rate mortgage, it could make sense to switch to a fixed-rate mortgage if the interests rates dip low. If interests rates dip low enough, locking yourself into a fixed-rate loan can protect you when the interest rates go up again. Additionally, a fixed payment is easier to plan for and budget.

What are the costs associated with refinancing a mortgage?

Reviewing your mortgage on a regular basis will allow you to become aware, and take advantage of, new products and offers; you could be missing out on hundreds of monthly dollars. Generally, there are penalties associated with breaking a closed mortgage contract in order to get a new mortgage. Those costs are determined by the financial institution. It is common that the penalty charged is based on the greater amount of either 3 months’ interest or the interest rate differential. At Access Mortgage, our team of professional brokers can help you calculate these charges, and also help you minimize these charges. We will analyze your mortgage and financial situation to figure out the best time to refinance and take advantage of lower interest rates.

For more information about refinancing a mortgage in Hamilton with Access Mortgage, please feel free to continue browsing through our website. We can be reached at 1-844-397-3780 or by filling out our contact form.        

WHAT PEOPLE ARE SAYING…

  • “Rent-to-own made possible”
    We would like to thank Matthew and his team. We put a lot of money down on a Rent to Own property that we were renting, but we could not get anyone to help us out till we found Mathew. He made it happen and closed on time when know no one else could. From all of us here THANK YOU! We now own our own house!

    C.T., HAMILTON, ON
  • “Best Mortgage Team I've worked with”
    Matthew and his team are the best mortgage team I have ever worked with. They are extremely hard working and bend over backwards to get the job done no matter how complicated or difficult. If there is a way – they will find it. And it will be in YOUR favor. Matthew goes out of his way to set you on a path of success. This is our second mortgage process we have gone through with Matthew, and we are in a better position now than we were the 1st time – all due to Matthews efforts and guidance. After following his recommendations and guidance over the next year we will use Matthew again for our next mortgage and be in an even better position then. If you need a mortgage done, no matter how complicated, call Matthew. He’ll make it happen.

    M.Z. BRANTFORD, ON
  • “No hesitation recommending”
    Matthew’s knowledge, experience and above and beyond work ethic sets an exemplary standard of professionalism and accountability. His integrity and drive is second to none… He truly is a miracle worker!! I have no hesitation in recommending his services to anyone seeking expert assistance. I’m beyond grateful and blessed!!

    M.D., BINBROOK, ON
  • “A tough deal that others could not do!”
    Access mortgage did a great job in getting us a mortgage. It was a tough deal and they were able to get it done when others couldn’t. I would not hesitate to use them again.

    BEA - CAMBRIDGE, ON
  • “Seamless from beginning to end!”
    I just want to say 'thank you' to all of you, especially Matthew. The financial stress started affecting my health and my life. I could not sleep or focus at work. Now it has given me control on my life by connecting me to a great lender. I have gone from being full of stress to being stress-free.

    JULIE - HAMILTON, ON
  • “From full of stress to stress-free”
    I just want to say ‘thank you’ to all of you, especially Matthew. The financial stress started affecting my health and my life. I could not sleep or focus at work. Now Access Mortgage has given me control on my life by connecting me to a great lender. I have gone from being full of stress to being stress-free.

    M.D., MISSISSAUGA, ON
  • “Patient with deep understanding”
    Thank you for all the help that you gave me, most patiently and with deep understanding. I was very comfortable asking you everything and anything. Your team did great job in making me understand the financial side. I have learnt a lot. Thanks to Matthew for taking time to come to my place. He not only did his work, but for a short time, took me back to most nostalgic memories of my life, before I came to Canada. I am also grateful to the lawyer for coming to my place to meet with me, and quickly closing the mortgage and releasing the funds.

    S.S., MISSISSAUGA, ON
  • “Got creditors off our back”
    I can’t say enough how great your company has been. Matthew, thank you so much for making all of this process so easy for us. Our bank would not help us and you were amazing. Your company kept us informed every step of the way, and not once were we made to feel inferior like our bank did. The lawyers you set us up with were also awesome. I will highly recommend your company to anyone looking for mortgages. Thank you so much for getting creditors off our back and setting us on the right track. You guys are all amazing. I’m also so impressed that you came to us do to everything.

    K.K.P., HAMILTON, ON
  • “Best mortgage team I’ve worked with!”
    Matthew and his team are the best mortgage team I have ever worked with. They are extremely hard working and bend over backwards to get the job done no matter how complicated or difficult. If there is a way – they will find it. And it will be in your favour. Matthew goes out of his way to set you on a path of success. This is our second mortgage process we have gone through with Matthew, and we are in a better position now than we were the 1st time – all due to Matthews efforts and guidance. After following his recommendations and guidance over the next year we will use Matthew again for our next mortgage and be in an even better position then. If you need a mortgage done, no matter how complicated, call Matthew. He’ll make it happen.

    C.H. - ST. CATHARINES, ON
  • “Extremely Fast!”
    Access Mortgage was extremely fast and explained everything well. We were very happy with their professional service and honesty. I would definitely refer them.

    LISA - BRANTFORD, ON
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