844-ASK-ACCESS / 844-275-2223
844-ASK-ACCESS / 844-275-2223

Refinance

Refinancing pays off your existing mortgage or any other legal claims, then provides a brand new mortgage. Access Mortgage offers has the skills you require to refinance your Canadian mortgage.

Mortgage Management

If the current rates are lower than when you received your initial mortgage you could save a great deal of money by refinancing. We can show you an easy way to understand calculation that allows you to make the best choice.

Taking the time to review your mortgage is recommended annually. Canadians are spending countless dollars on mortgages that desperately need a money saving update.

Financing to Buy Investments:
Putting the equity in your home into action will allow you to have more control of your investments. If you have debt elsewhere we can help tap into your home’s financial reservoir and allow you to save money.

Financing the Purchase of an Investment Property:
Taking the equity out of your property through refinancing can open many other investment opportunities, like a second home. Additional interest deductions become available through this process.

Financing Education:
Education costs are increasing every year causing many parents to struggle to give their children the best opportunities. Home equity can allow you to give that extra little bit of support that will make a world of difference during your children’s formative years.

Financing a Renovation:
Home renovations coat a lot of money, often with surprise costs along the way. Paying through a mortgage could be a less painful and cheaper way that using an existing loan or line of credit.

Debt Consolidation:
Debt consolidation will allow you to take control of your financial situation and make an effective plan for the future. This process will lower your monthly payments and reduce a great deal of stress and uncertainty. Our mortgage specialists can take a look at your debt and make an informed recommendation.

Refinance Two Mortgages With One Mortgage:
If you have two mortgages on the same property such as a mortgage and a secured credit line, you can combine them into a new first mortgage providing the total amount does not exceed 90% of the property’s value. If the new mortgage is over 80% of the property value, normal hi-ratio insurance (CMHC/GE Capital premiums) and guidelines apply. This can streamline cash flow and/or access funds from the equity for personal use or investing.

Costs Related to Refinancing:
You should review your mortgage on a regular basis and keep up with new products and offers that are available – there may be hundreds of dollars in monthly cash flow you are missing. When you break a closed mortgage contract to obtain a new mortgage, you are generally faced with a prepayment cost by the  financial institution. Typically, this prepayment charge is based on the greater amount of either 3 months’ interest or the interest rate differential (IRD). We would not only be happy to help you calculate this, but also happy to show you ways to minimize this cost.

WHAT PEOPLE ARE SAYING…

  • 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.

    C.H. - ST. CATHARINES, ON
  • 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
  • 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
  • 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 or 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.

    KKP, Hamilton, ON
  • 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.

    M.D, Mississauga, ON
  • 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 no one else could. From all of us here THANK YOU! We now own our own house!

    C.T., Hamilton, ON
  • 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