Mortgage Refinancing

Refinancing your mortgage can save you money if you do it right.

Refinancing involves switching your home loan for a more suitable product that takes into account your changing needs, or allows you to take advantage of a better rate with lower fees. Our team of experts will carefully study and evaluate the status of your current mortgage, help you decide whether it is the right time for you to refinance, and work with you to choose the refinance solution that best suits your current financial status.

Reasons to Refinance Your Mortgage

As your lifestyle and financial circumstances change, it is necessary to review your home loan to ensure you’re still getting the best deal. Like many other homeowners, you may be considering what options you have now.

  • Buy your second home or investment property
  • Get a better rate and lower fees
  • Save thousands over the life of your loan
  • Pay off your mortgage sooner
  • Have cash for home renovations, travels, and emergencies

How Much Can I Borrow if I Refinance?

When you refinance, you are taking out a new loan against your current home. The amount you can borrow is based on the value of your home and how much equity you have in it. Over the years, you’ve been building up equity by paying down a portion of the principal with every payment. The amount of money you can borrow by refinancing is up to 80% of the equity you have in your home subject to any additional charges or fees associated with refinancing like closing costs.

Why Choose Karista Mortgage?

Award Winning

One of Canada's most awarded Mortgage Brokers

Reliable & Highly Experienced

Helping Canadians achieve homeownership since 2003 with over 47 years of combined mortgage experience.

Dependable & Committed

We are committed to make a positive lasting difference from your first home purchase to your 2nd, 3rd and 4th houses, and more.

You’re Our Priority

Your best interest always comes first. We work for you and not the lenders.

What Our Clients Say About Us

If you are you thinking of refinancing your mortgage, book a Quick Call with us today to find the best mortgage options and competitive rates available!

Scroll to Top