Save Money and Simplify Your Mortgage with AJP Mortgage Refinancing
Lower your interest rates, reduce monthly payments, or access your home’s equity—all with fast approval and personalized service.
Best Mortgage Lenders for Refinancing
If your mortgage interest rate feels too high and you’re looking for ways to lower your monthly payments and reduce overall costs, a mortgage loan refinance could be the perfect solution for you.
At AJP Mortgage, we have the expertise to guide you through the home mortgage refinance process, making it as simple and stress-free as possible. With years of experience helping homeowners across Canada, we’re dedicated to securing the best deal for you. Whether you’re looking to lower your monthly payments, lock in a better interest rate, or explore the best mortgage refinance options, we’re here to help you every step of the way.
Refinancing can also give you the chance to access your home’s equity, consolidate debt, or switch from a variable rate to a fixed rate for long-term peace of mind. Thanks to our strong network of trusted lenders, we’ll help you find the best rates, so you have more control over your financial future.
We know every situation is different, and that’s why we offer personalized advice and clear communication throughout the process. From start to finish, we’re here to make sure your refinancing journey is smooth, efficient, and works in your best interest. Trust AJP Mortgage to help you make the most of your mortgage refinancing!
Why AJP Mortgage is The Best for Mortgage Refi?
Leading Mortgage Refinancing Experts in Ontario – Proudly Setting the Standard
- Save more with lower monthly payments.
- Access your home’s equity with ease.
- Choose refinancing options tailored to you.
- Get quick approvals with no delays.
- We accept all credit scores.
- Rely on expert advice at every step.
- Enjoy transparent fees and no surprises.
- Pay off your mortgage faster with flexible terms.
- Consolidate debts into one simple payment.
- Experience personalized service that puts you first.
Current Refinance Mortgage Rates in Canada
At AJP Mortgage, we make it easy to understand refinance mortgage rates. Our goal is to help you secure the best refinance mortgage rates, so you can save money on your monthly payments. Get the latest mortgage refinance rates today and let us guide you through the process.
Current Estimated Rates
As of 2025, the typical mortgage refinancing rates in Canada are as follows:
- 5-Year Fixed Rate: Approximately 4.14%
- 3-Year Fixed Rate: Around 4.19%
- 5-Year Variable Rate: Approximately 4.30%
Note: Please note that these rates are subject to change and may vary based on the lender and your specific financial situation. For the most accurate and up-to-date information, please consult AJP Mortgage directly.
What Affects Your Rates?
- Credit Score: Better credit usually means lower rates.
- Type of Loan: Fixed rates are often higher than variable rates.
- Loan Term: Shorter loans can have lower rates.
- Market Conditions: Economic changes can impact rates.
- Lender Differences: Different lenders may have different rates.
No Cost Mortgage Refinance
Save on fees and lower your payments with AJP Mortgage!
- No Upfront Fees: Avoid paying for appraisal, legal, or application fees.
- Flexible Terms: Choose from a range of refinance options to suit your needs.
- Lower Monthly Payments: Refinance for a better interest rate and reduce your monthly payments.
Access to Equity: Tap into your home’s equity for renovations, debt consolidation, or major expenses.
Fast Processing: Quick and hassle-free approval to get you started on your refinance journey.
Expert Guidance: Personalized advice and support throughout the entire refinancing process.
At AJP Mortgage, we offer no-cost refinancing to help you take advantage of the current refi mortgage rates and the lowest mortgage refinance rates. Let us show you how refinancing can save you money!
Mortgage Refinance Deals Costs with AJP
At AJP Mortgage, we help you understand the costs of refinancing your mortgage. Here’s what you might pay:
Application Fee
This fee, typically ranging from $100 to $500, covers the initial cost of processing your refinance application.
Appraisal Fee
Lenders often require a home appraisal to assess its current value. This fee typically falls between $300 and $700, depending on your location and the size of your property.
Title Search and Insurance
A title search ensures there are no legal issues with your home’s title. Title insurance protects you against potential claims. Combined, these costs can range from $200 to $1,000.
Legal Fees
Refinancing involves legal paperwork, and hiring a lawyer is often necessary to ensure everything is handled correctly. Expect to pay between $500 and $1,500 for legal assistance.
Prepayment Penalties
If you’re breaking your current mortgage early to refinance, some lenders may charge a prepayment penalty. These fees can vary, so it’s important to review your mortgage agreement for specific details.
Closing Costs
Closing costs, which cover administrative and lender fees, typically range from 2% to 5% of your loan amount. These are the final costs associated with completing the refinancing process.
Please note that these costs may vary depending on several factors, including market conditions, timing, location, and lender-specific terms. It’s important to consult with us for personalized advice on your refinancing costs.
Is Refinancing Right for You?
At AJP Mortgage, we help you decide if refinancing is right for you.
- Lower Interest Rates: Save money over time with our mortgage refinance interest rates.
- Lower Payments: Reduce monthly payments if rates drop.
- Pay Off Faster: Switch to a 15-year loan to pay off your mortgage sooner.
- Combine Debt: Merge high-interest debt into your mortgage for easier management.
- Stable Payments: Lock in a fixed-rate mortgage for predictable payments.
- Access Cash: Use home equity to get cash for repairs or big expenses.
- Better Rates: Refinance for a lower rate if your credit has improved.
- Life Changes: Adjust your mortgage to fit new life situations.
- Remove PMI: Eliminate private mortgage insurance with 20% equity.
Our Refinancing Process - Easy &Stress Free
Explore the easy and most convenient refinancing process with AJP Mortgage.
Consultation
We talk about your financial goals and decide if refinancing is the right choice for you.
Compare Rates and Terms
Our team finds the best refinancing options based on your current mortgage, credit score, and goals.
Application
We take care of the entire application process, including gathering all the necessary documents.
Review Your Options
We present the different refinancing options and help you choose the one that fits your needs.
Approval & New Loan
Once you’re approved, we finalize the new loan with better terms for you.
Lock in Your Rate
We lock in your interest rate to protect you from any changes while your loan is being processed.
Confirm Details
We go over the loan terms and conditions to ensure everything is clear and understood.
Closing
We handle all the paperwork and make the closing process smooth and easy.
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Frequently Asked Questions
Find the Information You Need to Make Informed Decisions.
What is mortgage refinancing?
Mortgage refinancing is getting a new mortgage to replace your old one. It can have better terms, like a lower interest rate.
What factors affect my mortgage rate?
Your mortgage or residential home loan rates is influenced by factors such as your credit score, down payment amount, loan term, and current market conditions. Lenders also consider your debt-to-income ratio and financial stability.
Is it a good idea to refinance?
Yes, it can be good if:
You get a lower interest rate.
You want to pay off your mortgage faster.
You need cash for things like repairs or bills.
Fixed-rate VS Adjustable-rate mortgage?
A fixed-rate mortgage has a constant interest rate throughout the loan term, whereas an adjustable-rate mortgage (ARM) has an interest rate that may change periodically based on market conditions.
Do you get money when you refinance?
Yes, if your home is worth more, you can get cash when you refinance. This is called a cash-out refinance.
How do I know if refinancing is right for me?
To see if refinancing is good for you, check your current mortgage rate and think about your goals. You can also ask a mortgage expert at AJP Mortgage for advice.
Out of 5
What Our Clients Say
It was easy, must recommend!
I refinanced my mortgage with AJP Mortgage, and it was so easy! They helped me get a lower interest rate, which means I save money every month. I highly recommend their team for mortgage refinancing!
Sara Micheal
Great experience
Working with AJP Mortgage was a great experience. They guided me through the refinancing process and helped me access cash from my home. Now I can do the renovations I wanted!
John Trot
Refinanced Our Mortgage
I was unsure if refinancing was right for me, but the experts at AJP Mortgage made it simple. They answered all my questions and found the best option for my needs. I’m very happy with the results!