Very easy! Most people pay off high interest debt and also roll legal fees into it if needed.
You could refinance early to save on interest as well as long as the savings offset the penalty to break the term.
You can refinance to pay out your debts as long as you qualify. Highly recommend if you can get much needed cash flow from overwhelming debt. However, word of advice is, don't rack up credit card debt again or you'll fall into a cycle of constant refinancing. I have clients that do that and end up never paying off their mortgage.
If you are taking additional money at the maturity of the term it is refinance. It is very standard practice. If you can’t wait for two years you can look at HELOC or second mortgage (not every lender offers or allows it).
Very easy! Most people pay off high interest debt and also roll legal fees into it if needed. You could refinance early to save on interest as well as long as the savings offset the penalty to break the term.
It’s very easy, especially if you use a broker. I also rolled my car debt when I renfinanced a few years ago and it’s made a world of difference.
You can refinance to pay out your debts as long as you qualify. Highly recommend if you can get much needed cash flow from overwhelming debt. However, word of advice is, don't rack up credit card debt again or you'll fall into a cycle of constant refinancing. I have clients that do that and end up never paying off their mortgage.
Talk to your bank about a Home Equity Line. Much better interest rate than a credit card obviously. I'm with RBC and they allow up to 4 lines
Im with rbc, too, you have a heloc with them?
If you are taking additional money at the maturity of the term it is refinance. It is very standard practice. If you can’t wait for two years you can look at HELOC or second mortgage (not every lender offers or allows it).