Have you owned your home for more than 1 year?

You Qualify for Home Refinancing

The Best Way To Find Rent To Own Homes in London Ontario

Reasons to Refinance Your Mortgage

Getting a lower interest rate isn’t the only reason to refinance a mortgage. Mortgage refinancing can also be used to access equity in your home, and to consolidate your debts.

Interest Rates

Refinancing to get a lower interest rate can save you a lot of money over time, depending on the prepayment penalty and the size of your outstanding mortgage. Understanding the numbers will help you calculate how a refinance will save you money.

Cash Equity

By refinancing your mortgage, you may be able to access the equity in your home. You could potentially access up to 80% of your home’s value, less any outstanding debt. That’s extra money for investment opportunities, home renovations, or your children’s education.


If you have enough equity in your home, you might be able to use built-up equity in your home to pay out high-interest debt through the variety of mortgage refinance options available. This includes car loan, a line of credit, or credit card bills.

Why Choose RTOC for Mortgage Refinancing

While a mortgage refinance has the potential to save you thousands of dollars over your mortgage term, there are inherent risks associated with traditional refinancing as opposed to refinancing with us.


Time consuming by spending hours going from bank to bank.

Hard inquiry affects your credit score.

High rates for refinancing.

Penalties may be higher.

Rejections at the bank.

Refinancing with

Contactless approval. Obtain refinancing from the comfort of your home.

Potential to get a lower interest rate and save money.

Allows you to swap to a variable or fixed rate.

Can consolidate debt with a lower overall rate.

Access to cash equity from your home.