Refinance Mortgage, Collingwood, ON

We can assist you with refinancing your mortgage in a way that best suits your specific situation.

It is not unusual for first-time home buyers to find themselves with mortgage terms that weren’t as favourable as they might have been. If that happened to you when you purchased your Collingwood, Ontario home, you should know you aren’t just stuck with it. At the BlueRock Wealth Management, we can help you refinance your mortgage to terms that better fit your financial plan.

Mortgage refinancing is typically done when you can now qualify for a lower interest rate, but it can also be done if you do not have the type of mortgage you would like. In some instances, your monthly payment could increase, but in most cases, it would go down, allowing you to have extra money to save for family vacations, investing in your home, paying off other debts, or whatever else interests you. We will carefully look at the mortgage you have so you do not end up with an unpleasant surprise, such as a prepayment penalty that makes refinancing less lucrative. We can also assist you if you are nearing the end of your five-year mortgage and need assistance negotiating the rate for the refinancing terms.

We take the time to learn what your objectives are so that we can negotiate on your behalf as your independent mortgage broker. We make sure all your questions are addressed, such as whether you should refinance your mortgage to take advantage of some added equity you have in your home. We are also happy to discuss if a second mortgage or home equity line of credit are also viable solutions to meet your objective.

If you would like to know more about the process of refinancing a mortgage, give us a call to schedule a consultation to discuss the available options for your situation.