Lower your payment. Free up cash. Or both.
A refinance can drop your monthly payment, fund a renovation, pay off expensive debt or bankroll your next property. Mitch compares 30+ lenders and runs the penalty math first, so you only refinance when it pays.
- Penalty check first. We price your prepayment penalty before recommending anything.
- Up to 80% of your home's value. See exactly how much equity you can access, and what it costs.
- Self-employed? Rebuilding credit? We work with lenders that look past a single tax line.
- One licensed agent. Mitch handles it start to finish, including the lawyer and payouts.
"Working with Mitch was incredible, he was very communicative and helped me understand each step along the way!"
Kayleigh B., Google reviewEncrypted and private. We never sell your information.
When it makes sense.
And when it doesn't. Mitch will tell you straight if waiting for renewal or another route costs less.
Your rate or payment no longer fits
Rates, income or family changed. Restructuring the amortization or rate type can reset the payment.
You've built equity
Rising values and years of payments add up. Up to 80% of your home's value can be put to work.
Expensive debt is piling up
Swapping card and loan interest for mortgage interest can cut monthly costs significantly.
You're growing a portfolio
Equity from your home can fund a down payment on a rental or a renovation that adds value.
Test your refinance.
Plug in your current mortgage, the cash you want and an example rate. Add your penalty if you know it.
- Payment today
- Change per month
- New mortgage balance
- Max equity available (80%)
- 3 months' interest, rough penalty guide
Estimate only, using Canadian semi-annual compounding. Example rates are for math, not an offer. Your actual rate and APR depend on your approval.
Here's what happens next.
Run the numbers
We look at your current balance, home value, penalty and goals to see if refinancing makes sense now or at renewal.
Compare lenders
Mitch shops 30+ lenders, including your current one, for the right structure and terms.
Appraisal and approval
The lender confirms your home's value and your income. We handle the conditions and keep you updated.
Fund and pay out
Your lawyer pays off the old mortgage and any debts you're consolidating, then sends you the rest.
The honest fine print
- Breaking a mortgage mid-term usually means a prepayment penalty. On fixed mortgages it can be large, so we'll get the exact figure first.
- Refinancing usually needs an appraisal and full income approval, including the stress test.
- Stretching your amortization lowers the payment but increases the total interest you'll pay.
- Legal and appraisal costs apply on most refinances. We'll include them in the comparison.
Before you ask.
How much can I borrow?
Up to 80% of your home's appraised value, minus your current mortgage balance. Your income also needs to support the new payment.
Should I wait until renewal?
Often, yes, because there's no prepayment penalty at maturity. If the savings outweigh the penalty now, refinancing early can still make sense. We'll do the math.
Can I refinance with my current lender?
Yes, and sometimes that's the right call. Mitch compares their offer with other lenders so you can choose with real numbers.
How long does a refinance take?
Usually a few weeks from application to funding, depending on the appraisal, lender and lawyer. Starting early gives you room.
Ready to see your numbers?
Two minutes for the form, one business day for Mitch to come back with real options. No cost and no obligation.