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Refinancing your existing home or an investment property is a great way to take advantage of your existing equity in the home and to potentially reduce your monthly mortgage payments at the same time. Consolidation may be an option for you if you are looking to increase your monthly cash flow.


It's important to understand the consequences of breaking a mortgage term early prior to refinancing. Most lenders have penalties to break the term early so consult with a mortgage broker first to discuss your options.

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