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    • Refinance

Powered by Dominion Lending Center Calgary


  • Home
  • Auto Finance
  • Meet our Team
  • Client Reviews
  • Mortgage Calculator
  • Refinance

Your Refinancing Options


Did you know that you can refinance up to 80% of your home’s value?


With the appreciation of the housing market over the last few years, many of our clients are deciding to unlock the value of their home by refinancing their mortgages.


There are a variety of reasons to do so, including:

  • Debt consolidation - credit card,line of credit and/or car loan
  • Renovations
  • Asset enhancement
  • Combining your first and second mortgages


Are other creditors charging interest rates that are higher than today’s current mortgage rates? Do you find yourself making minimum payments each month? Are you tired of making multiple different payments each month?


If you answered yes to any of the questions above, we would love to help you Refinance your mortgage. 

Our experienced team is here to answer any questions you may have, and take you through this process as quick and efficiently as possible. 

Refinancing Qualifications

Requirements for refinancing include:


Acceptable Loan Purpose

  • Refinance purposes including asset enhancement, debt consolidation, combining first and second mortgages, renovations, and investment purchases
  • Available for extended amortization up to 30 years
  • Multiple advances to a maximum of two
  • This program excludes mortgages set for default management purposes


 Eligible Properties

  • Owner-occupied:
    • Maximum four units with at least one unit occupied as the principal residence
    • Existing properties (not for new construction)
  • Secondary homes or investment properties:
    • Maximum two units
    • Existing properties (not for new construction)


 Loan-to-Value Ratio Limits

  • ‘Loan-to-value’ (LTV) is the relationship between the principal balance of a mortgage and the property value. For example, if you have a house valued at $100,000 with an $85,000 loan, you have an 85% LTV ($85,000 divided by $100,000 = 85%). For this program, the maximum LTV ratio is 80.00%.


Amortization Options

  • Available for extended amortizations up to 30 years (i.e. currently uninsured conventional mortgages).


Contact Us

I-DEAL MORTGAGES

587-575-5440

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