Are you looking to consolidate debt, make home improvements or upgrades, or lower your interest rate?
A mortgage refinance with Altrua could help.
The main difference between mortgage renewal and refinance is that with a refinance, you can change any aspect of the mortgage, including but not limited to:
- Rate
- Mortgage amount (for equity take out)
- Amortization/ payments
- Payment frequency (monthly, bi weekly, weekly)
- Small print terms and conditions and prepayment privilege
Conversely, with a mortgage renewal, the same mortgage continues, with the same amortization, but additional equity can not be accessed or the amortization can not be increased. So a mortgage refinance is much more flexible.
We strive to be the leading local choice for refinances in Kitchener. To this extent, we root our service in education and an understanding of the local market. We also offer highly competitive rates, especially compared to banks and even other local mortgage brokers Kitchener. We invite you to chat and connect with us so that we can ask you the right questions and, based on your unique situation, provide some of the most cost-effective options for you.
We don’t just want ANY mortgage to refinance solution for you, we want the best.
Connect with us today for a free, no cost consultation.