Stress-Free Newmarket Mortgage Refinancing
Secure savings, consolidate debt, and get personalized refinancing support right here at home.
Get Your Free ConsultationNo-hassle, No-obligation. Your info is safe, and you’re in control.
Our Ontario Lending Advantage
Fast
Lending Approvals
Low Rates
Some of the lowest rates anywhere
98%
would recommend us
No-Obligation
free, no-hassle conversation
Why Newmarket Trusts Our Team for Mortgage Refinancing
Maybe you’re eyeing a fresh rate after the latest Bank of Canada cut, or you’re planning a backyard upgrade in Stonehaven, either way, we’ve got you covered.
Our trusted and local mortgage team compares dozens of lenders, breaks down penalties in plain English, and structures a payment plan that fits life along Davis Drive and the GO Train line. No jargon, just real savings.
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FAQs for Mortgage Refinancing in Newmarket, Ontario
When should we consider refinancing our Newmarket mortgage?
A refinance makes sense when current rates are roughly 0.75 % lower than yours or you need cash for renovations or debt consolidation. Many neighbours near Upper Canada Mall have locked in lower payments this spring.
Can we roll high‑interest debt into a new mortgage?
Absolutely—refinancing lets us consolidate credit‑card or car‑loan balances into one low‑rate payment. Clients commuting on Yonge Street often save hundreds a month this way.
What costs should we expect when refinancing in Ontario?
Expect a discharge fee ($200–$400), legal fees ($800–$1,200), and any mortgage‑break penalty. We estimate every cost so your savings on Mulock Drive aren’t gobbled by surprises.
How much equity do we need to qualify for a refinance?
Most lenders want you to keep at least 20 % equity after refinancing. If your Newmarket property is worth $800k, you could borrow up to $640k and still meet that threshold.
How long does the refinance approval take?
With complete documents, approvals arrive in 3–5 business days and funding follows a week later. We keep you posted every step—no wondering while you stroll Fairy Lake.
