647-691-9257
Refinancing Your
Mortgage Is Easy
Refinance and lower
your monthly mortgage
payments.
Refinancing to
Consolidate debt
High-Interest Loans
Buy an Investment Property
Home Renovation
NO INCOME? NO CREDIT?
NO PROBLEM!
All credit scores accepted
Access Up to 80%

    Refinance


    What is a Mortgage Refinance?

    Simply put, a mortgage refinance is when you break your current mortgage and replace it with another one. Your new mortgage may be for the same amount as your old one – in which case the new mortgage simply pays off the old mortgage and you start making payments on the new mortgage.

    Or if you’d like to borrow from your home equity – then your new mortgage is for a higher amount than your old mortgage. The new mortgage pays off the old mortgage and any amount above that is paid out to you in a lump sum of cash. Most lenders will allow you to borrow up to 80% of your home equity, so the amount of cash that you can borrow with a mortgage refinance can be quite substantial.

    A mortgage refinance usually has a lower interest rate than other options like a second mortgage, however it is important to remember that there will be a financial penalty for breaking your first mortgage. Overall, however, this may still be a better option for you and your mortgage broker can run the appropriate calculations to determine whether a mortgage refinance or a second mortgage will ultimately be the more affordable option for you.

    Get Approved Today

    Why should you choose a Mortgage Refinance?

    Canadians choose to refinance their mortgages for a number of reasons. Among the most common reasons for a mortgage refinance are:

    To lower the amount of interest they are paying on their mortgage (either because interest rates have dropped or because they have repaired their credit and can now qualify for a better rate).

    To borrow from their home equity in order to consolidate higher interest debt. (This can help you lower how much you have to make on your debt payment each month’s or get out of debt faster – or possibly even both!)

    To borrow from their home equity in order to pay for a large expense such as a home renovation or a down payment on another property.

    To move away from a lender that they are unhappy with.

    Get Approved!

    Why You Should Use Dan Mizrahi To Get Your Mortgage

    I am a seasoned mortgage broker with 8+ years of experience. As a four-time winner of the Top Producer Award in 2019, 2020, 2021 and 2022, I’m committed to providing every customer with the best care and service when purchasing or refinancing the home of their dreams.
    Before becoming a mortgage agent, I spent 18 years as a former interest rate trader, including 3 years on the floor of the Montreal exchange pit. This experience has given me valuable insights into the financial industry, and I use this knowledge to benefit my clients. With this, I am committed to providing exceptional service and exceeding your expectations.
    Contact me today to discuss your mortgage needs, and let’s make a difference in your next mortgage transaction!
    Get Approved Today

    FINDING THE RIGHT DEAL IS AS EASY AS 1, 2, 3

    CALL

    Call us or apply online

    Take a few minutes to talk to one of our Specialists to help us understand your situation and your goals.

    CHECK

    Follow our simple process

    Follow our simplified and proven process to allow us to personalize the best solution for you.

    FUND

    Receive your funds

    Once your paperwork is signed, receive your funds in as little as two business days. Contact Details

    What are people saying about Dan...?

    Andy Nero

    Dan has done an amazing job in providing great rates and great service. I would highly recommend him to all my family and friends. Thank you Dan. You made the process quick and easy.

    Monise Mendes

    Dan and his team are super responsive and professional. Dan took the time to walk me through the process and was able to secure an excellent mortgage rate for me. Thank you Dan and team!

    Mina Filardo

    Dan’s team was always on the ball with any question that I had. No matter how many times I asked any question, they always seemed to give me the answers quickly and calmly!

    Patricia Legris

    Dan and his team took care of our mortgage in a week. He is very thorough, efficient, courteous and knowledgeable. His experience and expertise with interest rates, makes him second to none!

    Tina Capozzi

    Dan, you did a amazing job, you moved mountains for me and I can’t thank you enough!  Thank you for your outstanding service, guiding us through the process from A to Z, taking a stressful situation and simplifying it … 😊THANK YOU THANK YOU THANK YOU

    Laetitia Tayou

    I have been working with Dan for the purchase and refinance of all my properties. Dan is always available and responsive, making sure you get the best rates and a smooth closing. I would highly recommend him for your mortgage needs! Thanks Dan and Team!!!

    Shane Ples

    It was a pleasure working with Dan and his team. It made getting a mortgage as a first time home buyer seamless and easy. Both Dan and Devika were a pleasure to work with. I highly recommend using Dan’s team to secure a mortgage.

    Daniel Freeman

    Always ready to roll up his sleeves and find creative ways to work with my clients no matter the size of the deal or the complexity. He has impressed me with his tenacity, integrity, and connections in the industry.  I recommend Dan to my most valued clients, friends and family.

    Contact details

    647-691-9257

    dan@yourrateguy.ca

    FSCO #M16001564 | Adamas Financial Corp. #13266

    Contact Details

    Mona Randhawa
    Mortgage Broker
    Mortgage Alliance 

    Mortgage Alliance  Company
    Of Canada Inc. – License# 10530
    An Independently Owned & Operated

    Corporate office address: 200-2005 Sheppard Avenue E, Toronto, ON, M2J 5B4