A Loan Tailored to Your Life

Your life has changed since you bought your home

A rate-and-term refinance allows you to replace your current mortgage with a new loan of the same amount that better suits your current goals, usually with a lower interest rate or better terms.

Understand Your Options

To improve your current mortgage, you need to understand when refinancing makes sense and find the right loan for you. We empower you with the necessary information so you can move in the right direction.

Work With an Expert

We know refinancing and the ins and outs of Ontario housing market. If you’re looking for someone who can answer all your questions, including the ones you haven’t thought of, you’re in the right place.

Get a Better Interest Rate

The principal reason that people pursue a rate-and-term refinance is to get a lower interest rate, which will lower your payment each month. You may want to take advantage of drops in current interest rates.

A Personalized Refinance

AFG Mortgages INC. understands this, which is why we offer more hands-on guidance than you can expect from the average bank. Reach out to us to discuss your questions or concerns at any time, including evenings and weekends — we're always working tirelessly to find you the best rate-and-term refinance loan.

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Pay Off Your Loan Sooner

Refinancing offers a couple of options to help you pay off your loan sooner.

If you are able to get a lower interest rate, you’ll be paying less in interest monthly and will have more cash to put toward the loan principal. This often enables you to pay off the remaining balance sooner.

When refinancing, you may also have the option of switching from a 30-year loan to a 15-year loan. Whereas higher monthly payments are the downside of a shorter loan, the upside is the ability to build equity and pay off your loan more quickly.

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Refinance Options

Contact Us And We'll Go Through The Process With You

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Contact Us And We'll Go Through The Process With You

Take A Look At Our Best Rates

Contact Us And We'll Go Through The Process With You

Take A Look At Our Best Rates

RATES

AFG MORTGAGES INC. FSCO # 13139

311-10 Milner Business Court, Scarborough, ON

(416) 628-3565

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