Refinancing

Need a change before your mortgage term is up for renewal? A mortgage refinance may help access your equity and may save you money!

Refinancing

Need a change before your mortgage term is up for renewal? A mortgage refinance may help access your equity and may save you money!

What is a Mortgage Refinance?

A mortgage refinance essentially restructures your existing mortgage with a new one. This can allow you to increase your amortization period to lower your monthly payments, possibly lower your interest rate, and access your equity.

If you currently do not have an existing mortgage secured to your property, a refinance can provide access to your equity with a new mortgage, or even a Home Equity Line of Credit.

There are many reasons why refinancing may be helpful.

Perhaps you have lived in your home for some time and would like to make some much needed home improvements. Maybe you have taken on a large amount of debt from loans and credit cards and would like to use your home equity to help balance your books. Or maybe you feel that the interest rate on your mortgage is a little too high. No matter the reason, our lenders provide some of the best mortgage products in Canada to help with your financial strategy.

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Home Improvement Financing

If you are looking to make some home improvements, you can often build the renovation budget into your mortgage. This usually results in lower payments than servicing both a home improvement loan and a home mortgage, with a better overall interest rate.

Upgrading your house increases its value and can result in higher home equity. Your home is your biggest investment – looking after it makes good financial sense!

Debt Consolidation

Making payments on numerous credit cards and loans can be challenging and can keep you from reaching financial freedom. Mortgage renewal time is a good chance to do a financial check-up and see what can be done to improve your financial health. We can often help you to consolidate your debt into your mortgage, resulting in reduced monthly payments and, over time, a better credit rating as well.

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Some Benefits to Refinancing May Include:

Lower monthly payments & increase cashflow.
Increase your amortization period.

Access equity for home renovations.
Consolidate high interest debt.

We Appreciate Your Trust in Us!

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With over 50 years of combined experience in helping people with their mortgage needs, we’ve had the privilege of making many friends along the way.

“I will never apply for a mortgage without help from Chris. He has been so patient from the beginning, explains everything so clearly without making me feel like an idiot (first time purchasing in Canada) and he is so prompt with his communication.”

Manda Graham

“I have dealt with Shannon, Ed and Chris both professionally and with my personal mortgage. They have years of experience and go above and beyond to ensure that your mortgage matches your needs and financial goals.”

Sacha Zytaruk

“Chris at BC Direct Mortgages has been great throughout the entire mortgage approval process providing insight and direction every step of the way. He was available at any time of the time and was pleasant to work with. Thanks for all of your support!”

Gavin Stephenson

“Ed and his team were extremely helpful and friendly during our discussions. Very knowledgeable team at the Mortgage Center. I would use then again and would highly recommend to anybody needing a professional brokerage.”

Justin Marshall

“Can’t say enough about the service and expertise I have received from the Mortgage Centre. Going through a divorce is hard but having them has made it a bit easier. So glad that I was referred to Shannon and the Mortgage Centre.”

Erich Bennison

“Spoke with Ed Kolisnyk, what a gentleman and professional. It was an utter pleasure dealing with someone with such great knowledge. Highly recommend The Mortgage Centre. You won’t go wrong with these guys!”

Steven Barclay

“Shannon and the team at The Mortgage Centre – B.C. Direct Mortgages took very good care of my family. We got our first mortgage through this business and continue to renew with them because they take good care of their clients. Thank-you!”

Oliver Penner

No worries, we have your back!

We watch your file every step of the way, making sure no one drops the ball.

When it comes to mortgages, The Mortgage Centre – BC Direct Mortgages has everything the banks have to offer and much more! Whether you are a first-time home buyer or a savvy homeowner shopping for the best rate at renewal, take advantage of our 50 plus years of combined lending experience to guarantee you a stress-free experience. Let us, Ed Kolisnyk, Shannon Brolund, and Chris Kolisnyk, a father-daughter-son mortgage broker team working together since 2000, share with you what each lender has to offer. We’ll help you arrange the best mortgage solution that fits your lifestyle. Call The Mortgage Centre – BC Direct Mortgages today!

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No worries, we have your back!

We watch your file every step of the way, making sure no one drops the ball.

Call Us Today

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Staying up to date on the latest news allows us to provide our clients with the best options available, and also gives us the opportunity to teach our clients about the ins and outs of their mortgages.