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Refinancing a Home - The Process

 

You may wish to refinance an existing home to take advantage of changes in interest rates, to unlock some of the equity on your home, or to reduce your monthly cash flow requirements.

 

Generally speaking, refinancing involves arranging mortgage refinancing with your bank or lender. Your lawyers will perform these tasks:

 

• Prepare required mortgage documents for your lender(s)

• Search the title of the property, if necessary

• Obtain bank statements, payout values and administration fees

• Obtain title insurance, if necessary

• Arrange for closing, signatures of parties and release of funds

 

To proceed with a refinance through Guertin Real Estate Law, please complete the Refinancing Checklist, and contact us.

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Did You Know

Per-capita yearly income in Ontario is about $2,000 higher than the Canadian average.