Refinancing replaces or adds to your existing mortgage, and a private mortgage can be a fast, flexible way to do it. Here is what to know.
What refinancing means
Refinancing involves replacing your current mortgage or adding new financing against your property, often to access equity or change your terms.
When private refinancing makes sense
Private refinancing is useful when you need to move quickly, when a bank cannot help, or when you need a short-term solution while you reorganize your finances.
Plan your exit
Because private mortgages are typically short-term, have a plan to repay or move to longer-term financing, and seek professional advice.
Ready to talk?
If this fits your situation, start your application or contact us and we will help you understand your options across Ontario.
This article is for general information only and is not financial, legal, or investment advice. Please consult a qualified, licensed professional before making any decision.