Yes. In fact, this is a common use of a mortgage loan. Many of our customers obtain a mortgage to consolidate credit card debt, renovate their kitchen, or invest.
Mortgage Renewal and Refinancing
To refinance or to renew
– this is the question.
Applying for a mortgage shouldn’t be hard or confusing,
What is a down payment?
Part of the purchase price of a property that is paid in cash and not financed with a mortgage.
How long does the mortgage process normally take?
If we are able to get the necessary documentation, we might be able to get an approval in as little as 24 hours. Keep in mind, the longer it takes for us to receive your documents the longer your approval will take to secure. Take a look at our mortgage checklist, for a summary of what you’ll likely need to provide.