Refinancing your mortgage can be a smart financial move — but only if the timing and strategy are right.
At Maximum Mortgage, we help homeowners refinance with confidence. Here’s what you should know.
🔁 What Is Refinancing?
Refinancing means replacing your existing mortgage with a new one. Homeowners refinance for many reasons:
- Access equity (cash out) either to pay for renovations, or investment purposes
- Consolidate debt (add credit card, personal line of credit, or a car payment) onto your mortgage
- Increase your amortization to lower your payments
📉 When It Makes Sense to Refinance
- You need funds for renovations or investments
- You want to consolidate high-interest debt (like credit cards or car loans)
- Your financial goals have changed, and you want a new payment structure
⚠️ When to Think Twice
- You’re close to the end of your term and penalties outweigh benefits
- You plan to move soon
- Your credit has declined, affecting your new rate
🧮 How We Help
Our team at Maximum Mortgage will:
- Run the numbers for you — penalty vs savings
- Shop the market for the best new rate and terms
- Handle the paperwork from start to finish
No pressure, just clear options and expert advice.
