Want to check our more video? Click here!
What is home refinancing?
The ability to refinance your home with the bank is becoming more difficult. Most major lending institutions have adopted strict policies with respects to who they qualify for home refinancing. Aggressive restrictions have been placed on clients who do not meet strict income, credit and job stability guidelines. Additionally, even if you have been approved the amount you are able to leverage is generally restricted to 65% with an 80% maximum.
If your application for home refinance has been turned away by the bank or another mortgage lender don’t panic there are options. We’ve been helping clients achieve their home refinance goals for over 30 years. Our relationships in the mortgage industry are unparalleled which means our clients get the best rates with the most flexible terms.
While being turned away from a bank can hurt your ego, it does not mean that you are destitute or alone. These days banks are rejecting almost as many clients as they are approving. Having said that there are a number of lenders who are looking to fill the void and approve any application that makes sense and that’s where we come in. We make sense of every client’s situation to make sure that your application is well received by the lenders and that you get the best approval you are entitled to.
If you are looking for home refinancing options to consolidate debt, renovate your home or just leverage some extra money we can help. Let us do the work while you sit back and relax.
We’ve helped a lot of people. See what they have to say!
Marilyn & Bob T
We can’t thank you enough for all your help with our mortgage. We were skeptical about filling out an online application but we had tried several banks and due to our credit, couldn’t find anyone to help us. Getting a call within 15 minutes of submitting our application to go over the application put my mind at ease but my husband and I were both shocked to receive a call the same day with an approval. We are still amazed at everything you did considering how difficult the banks made our situation sound. Again, from the bottom of our hearts thank you so much!
Marilyn & Bob T, Whitby Ontario.
Dave & Sharon S
My wife and I felt completely lost and didn’t know where to go after being declined by our bank of 18 years. We were so relieved once you advised us there are still lenders that value a mortgage based on merits other than just your credit rating. We had never missed a payment on our mortgage for 18 years and to hear our bank say they couldn’t help us even though we owed virtually nothing on our home was heartbreaking. We couldn’t be more grateful that you helped out two complete strangers when nobody else would.
Dave & Sharon S, Ottawa Ontario
I can’t put into words how greatful I am to you regarding coordinating all of the activities in seeing my new mortgage go through. There are several reasons for the appreciation from my side but most importantly it will allow my daughter to continue to grow up in a home and neighborhood that she has identified as being very important to her.
I owned a home for almost 15 years and faithfully renewed at my bank every 5 years. About 14 years into my mortgage my job was terminated and I was forced to rely on credit cards to keep things going. Fortunately I found work after 7 long months but by then my credit had deteriorated and my bank wouldn’t help. I called turnedaway.ca after hearing one of their radio ads and I am glad I did. They bailed me out of a bad financial situation, got rid of all my credit card debt and got me down to one manageable mortgage payment.
John C, Toronto Ontario.