Thinking of refinancing your mortgage or is your mortgage term up for renewal?
Whether you choose to renew or refinance, First National works with you to simplify the process and make sure you get the right mortgage solution to fit your lifestyle, financial reality and real estate goals.
Renewing your mortgage:
Renewing your First National mortgage is easy. As your mortgage nears its Maturity Date, it’s a great time to evaluate your real estate plans and consider your options. A First National mortgage specialist will work with you to choose the right mortgage renewal term and payment options. Our goal is to match your mortgage solution to your lifestyle or add flexibility.
Strategies to consider when renewing include:
Refinancing your mortgage:
Certain life stages or financial plans may require that you access the equity that you’ve built up in your home.
Refinancing allows you to take advantage of the equity in your home and direct it to other priorities including:
- Consolidating debts
- Financing home renovations
- Freeing up funds for investments
- Supporting family including children’s post-secondary education
Use our mortgage payment calculator to estimate how much money you can potentially access and what mortgage payments you can expect.
If you have questions about refinancing or renewing your mortgage, please contact us toll-free at 1.888.670.2111 or send an email to a Mortgage Specialist.