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Can I refinance my mortgage now?

Here is the place to discuss real estate crowdfunding.
Maegan01
Posts: 1
Joined: Thu Mar 08, 2018 2:25 pm

Can I refinance my mortgage now?

Postby Maegan01 » Thu Mar 08, 2018 2:44 pm

Hi,

I have a 5-year fixed rate mortgage which I secured in 2014. Its amortization period is 15 years and how about refinancing it now? As the rates are now comparatively low, I'm planning to have the advantage of the lower rates. But, I'm not sure about the formalities of the refinancing process.

I've heard, we can refinance a mortgage only if the term is over, i.e, I could refinance only at the end of the 5th year. Can anyone provide me with more details? I have a good credit score, so I don't think I would face any other difficulties. Can I consult this company offering services related to mortgage refinancing in Ontario for a service?

purestmoney
Posts: 2
Joined: Tue May 22, 2018 2:10 pm

Re: Can I refinance my mortgage now?

Postby purestmoney » Tue May 22, 2018 2:30 pm

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