Refinance

Refinance

We understand the Challenges you face

We understand the Challenges you face

Meeting stricter credit requirements for refinancing

Appraisal values affecting refinancing eligibility and loan terms.

Refinancing costs and fees impacting overall savings.

Refinance guide

Refinance guide

Calculate estimates

Lorem Ipsum is simply dummy text of the printing and typesetting industry. standard dummy text ever since the 1500s

Lorem Ipsum

What rate do you qualify for?

What rate do you qualify for?

Our personalized approach considers your credit score, rate fluctuations , future equity and refinancing options ensuring a mortgage plan that aligns your long-term aspirations

Mortgage payment calculator

Frequently Asked Questions

Frequently Asked Questions

Mortgage refinancing is the process of replacing your existing mortgage with a new one, often to take advantage of lower
interest rates, access equity, or consolidate debts.

Refinancing may be beneficial when interest rates have dropped, your credit score has improved, you need to access home
equity for major expenses, or to consolidate high-interest debts.

By refinancing to a lower interest rate, you can reduce your monthly mortgage payments and potentially save thousands of
dollars over the life of the loan.

Yes, mortgage refinancing allows you to consolidate high-interest debts like credit cards and personal loans into your mortgage,
which often results in lower overall interest payments.

Refinancing may incur closing costs such as appraisal fees, application fees, legal fees, and prepayment penalties, if
applicable. However, the potential savings from a lower interest rate can often outweigh these costs.

Refinancing with bad credit may be challenging, but it’s not impossible. Your eligibility and terms will depend on your overall
financial situation and the lender’s criteria.

Most lenders require at least 20% equity in your home to consider refinancing. However, there are options available for those
with less equity.

Yes, you can refinance your mortgage before the term is up, but you may incur prepayment penalties. It’s essential to calculate whether the potential savings outweigh the penalties.

Generally, you will need income documentation, proof of assets, credit history, and property-related documents to support your refinancing application.

The refinancing process can take several weeks, depending on the complexity of your application and the lender’s processing time. Working with an experienced mortgage broker can expedite the process.

Yes, refinancing can provide access to funds that you can use for other investments or projects, such as buying another property
or funding home improvements.

Yes, refinancing is available for various types of properties, including condos and investment properties, subject to the lender’s criteria and guidelines.

Customer inspiration story

Customer inspiration story

We’ve been told it is not possible to overachieve our customer’s expectation. we have not reinvented the wheel, we decided to build upon it.

Financial Aspirations:Emily Roberts, a young professional in her late 20s, dreamed of creating longterm wealth through property investment. However, with limited knowledge about real estate and investment strategies, she was unsure of how to get started.
Shelto's Tailored Solutions: Seeking expert guidance, Emily turned to Shelto for wealth creation through property. Shelto's team carefully assessed her financial situation, risk tolerance, and investment goals to design a personalized property investment plan.
Strategic Property Investments: With Shelto's advice, Emily made strategic property investments in growing real estate markets. She acquired rental properties with high potential for capital appreciation and rental income.
Building a Profitable Portfolio: Over the years, Emily's property portfolio grew, and she experienced significant returns on her investments. The passive rental income and property value appreciation contributed to her long-term wealth creation.

Customer inspirational story

We’ve been told it is not possible to overachieve our customer’s expectation. we have not reinvented the wheel, we decided to build upon it. 

Financial Aspirations:Emily Roberts, a young professional in her late 20s, dreamed of creating longterm wealth through property investment. However, with limited knowledge about real estate and investment strategies, she was unsure of how to get started.
Shelto's Tailored Solutions: Seeking expert guidance, Emily turned to Shelto for wealth creation through property. Shelto's team carefully assessed her financial situation, risk tolerance, and investment goals to design a personalized property investment plan.
Strategic Property Investments: With Shelto's advice, Emily made strategic property investments in growing real estate markets. She acquired rental properties with high potential for capital appreciation and rental income.
Building a Profitable Portfolio: Over the years, Emily's property portfolio grew, and she experienced significant returns on her investments. The passive rental income and property value appreciation contributed to her long-term wealth creation.
"Shelto's expertise in property investment has been invaluable in helping me achieve my wealth creation goals. Their personalized approach and market insights allowed me to make informed decisions and build a profitable property portfolio. I am grateful for their support on my journey to financial success."
- Emily Roberts.

Shelto Varsity

Shelto Varsity

The knowledge hub for borrowers, offering valuable insights and resources to make informed mortgage decisions with confidence

Review & recommendations

Review & recommendations

Praise Pour In : Clients Share Their Delightful Experiences and Stellar Recommendations

We are dedicated to bringing smile to your face

We are constantly striving to achieve excellence

A Team of experienced professionals you can trust

Let’s stay connected

Receive expert advice & insights from our analysts.

Learn & stay updated with the latest.

    Let's have a chat

    Apply Online Your Request

    Mortgage Agent /Broker in ontario

    We are Hiring