Mortgage Refinancing – Lower Your Payments & Maximize Savings
Make Your Mortgage Work for You
Your mortgage should help you achieve your financial goals, not hold you back. Refinancing allows you to lower your interest rate, reduce monthly payments, consolidate debt, or access home equity—all while keeping your financial future strong.
At Mortgage Fernando Inc., we work with a wide network of lenders to find you the best refinancing options, whether you’re looking to save money, pay off high-interest debt, or access home equity for other financial needs.
Thinking about refinancing?
Why Refinance Your Mortgage?
✅ Lower Your Interest Rate – Secure a better rate and save thousands over the life of your loan.
✅ Reduce Monthly Payments – Lower your mortgage payment to free up cash flow for other expenses.
✅ Consolidate High-Interest Debt – Pay off credit cards, car loans, or other debts with a lower-interest mortgage.
✅ Access Your Home Equity – Use your home’s value for renovations, investments, or unexpected expenses.
✅ Switch to a Better Mortgage Product – Adjust your loan terms to better fit your financial situation.
Curious about your refinancing options?
Types of Mortgage Refinancing
Finding the right refinancing option depends on your financial goals. We offer:
Rate & Term Refinancing – Replace your current mortgage with a new one that has better terms or a lower rate.
Cash-Out Refinancing – Tap into your home’s equity by borrowing more than what you owe and using the cash for other needs.
Debt Consolidation Refinancing – Roll high-interest debts into a lower-rate mortgage for easier, more affordable payments.
Not sure which refinancing option is best for you?
When Is the Right Time to Refinance?
Refinancing can be a smart financial move, but timing is key. It may be a good time to refinance if:
🔹 Interest rates have dropped – Lower rates can reduce your monthly payments and total loan cost.
🔹 Your credit score has improved – A better credit score may qualify you for more favourable terms.
🔹 You need to consolidate debt – Reduce high-interest payments and simplify your finances.
🔹 You want to switch from a variable to a fixed-rate mortgage – Lock in stability with predictable payments.
🔹 You need funds for major expenses – Use home equity to cover home renovations, education, or other investments.
Want to see if refinancing is right for you?
The Refinancing Process.
We make refinancing simple and hassle-free. Here’s how it works:
Mortgage Review
We assess your current mortgage, financial goals, and refinancing options.
Application Submission
We gather the necessary documents and submit your application to multiple lenders.
Approval
We negotiate the best rates and terms for your new mortgage.
Closing & Funding
Once approved, we handle the transition to your new mortgage.
Take the first step toward a better mortgage!
Take Control of Your Mortgage
Refinancing can be a powerful financial tool—whether you want to lower your payments, access cash, or switch to a better mortgage. At Mortgage Fernando Inc., we make the process easy and stress-free.
Ready to explore your refinancing options?
Common Refinancing Questions (FAQs)
❓ Does refinancing affect my credit?
A mortgage refinance may cause a temporary dip in your credit score, but responsible management can improve your score over time.
❓ Can I refinance with bad credit?
Yes! We work with alternative lenders who provide solutions for borrowers with credit challenges.
❓ How much equity do I need to refinance?
Most lenders require at least 20% equity, but some may request more depending on the risk.
Still have questions?
Mortgage Fernando Inc.
Mortgage Brokerage. FSRA Lic # 13620
Tel: +1 (647) 977-8800 I Email: team@mortgagefernando.com