Refinance The current Mortgage financing is replaced with new financing. Mortgage refinance is becoming a popular financial remedy, there are a number of reasons why borrowers may decide to refinance, especially for those who are burdened by large monthly installments or multiple debts. Mortgage refinance can prove beneficial in several ways: Replace an Adjustable Rate Mortgage into a Fixed Rate Mortgage The interest rates on an adjustable rate mortgage (ARM) might be low initially, but the constant variations in the interest rate is unpredictable. Many people prefer to replace it into Fixed rate Mortgage, so that they can have the knowledge of exact amount of payment over the term of mortgage. Blanket Mortgage ( Consolidating multiple mortgages into one)Blanket Mortgage is a single Mortgage registered against two or more properties. Because paying the installments of two or more mortgages at the same time can be a burden on some people. So blanket mortgage is the best solution in this case that is to consolidate the multiple mortgages into one, with a fixed monthly interest rate.  To obtain a lower fixed rate                                                     The interest rate may have dropped drastically since you took mortgage several years ago. Refinancing can replace the existing high rate mortgage with lower rate when market rates are lower. Home Equity Financing                                                                   It is similar to refinance your existing mortgage, the total mortgage is increased to take advantage of increased equity in a home. Since a mortgage is a secured loan and the interest applied is considerably lower as compared to an unsecured loan so home equity can be used to pay off credit card bills and other high interest loan (debts). Since mortgage interest is 100% tax deductible, you end up saving a considerable amount. We at J D Mortgages will help you decide whether it is the right time for you to refinance. we help you pick the refinance solution by carefully studying the status of your current mortgage and comparing it to your income and other debts. We will get you the most competitive mortgage refinance rates in the market. we get you the best deal possible, According to your requirements, whether it is to consolidate existing mortgages or obtain a better rate. The decision to refinance should be carefully evaluated to avoid any complications at a later stage. With extensive knowledge of the Canadian mortgage industry, Our experienced mortgage professionals, will provide the necessary guidance that you need in making the right refinance decision.

Quick Contact * indicates mandatory fields First Name: ** Last Name: ** E-Mail: *** Cell Phone: Work Phone: Ext. Best Way To Contact: --Select-- E-Mail Cell Phone Work Phone Loan Amount: ** Loan Purpose: ** --Select-- Purchase Refinance Pre-Approval Switch Any other information you want to tell us that might help us serve you better. Comments: