We help our City Place Community Along Each Step of the Way with Simple and Smart Residential and Commercial Mortgages. As the City Place Community Neighborhood Mortgage Provider, We Understand the Area Better Than Any.
If your current mortgage is coming to the end of its term you have a few choices and refinancing is one of them. A mortgage refinance is when you take out a mortgage for more than you currently owe on your mortgage. This gives you more access to the cash equity in your home. The mortgage amount is increased and the cash that is left over is paid out directly to you.
Whether you’re looking to lower your interest rate or want to take advantage of your home’s equity, we’ll help you find the refinancing solution that’s right for you.
Refinancing to a lower rate means that you will enjoy a lower monthly payment. Just a small reduction on your mortgage rate can significantly lower your monthly mortgage payment.
City Place Mortgage Inc. is affiliated with Ontario's well known Mortgage service company Mortgage Associates Ontario Inc. It was founded in 2013 with the goal of making home ownership affordable and accessible.