There are a host of reasons for refinancing; falling interest rates is only one. Your home, as an appreciating asset, can play a key part in planning for children’s education, preparing for retirement or upgrading your living space.

Any mortgage is eligible to be refinanced or replaced with a new mortgage. When this is done, the house is generally reappraised and the new loan is based on the new value. So you’ll often have the choice of replacing your current mortgage only (a rate and term refinance) or taking out a larger mortgage to pay off debts, increase investments or address other financial goals (a cash out refinance).

Whatever your needs may be, or what you think the limitations are, we have the tools and the experience to help you evaluate whether this is a good time to consider refinancing.