Refinancing Your Mortgage
Leverage your assets to build your dream life
Refinancing your mortgage can be a wise and powerful move to improve your financial position and bring your dreams into reach.
Leverage your assets to build your dream life
Refinancing your mortgage can be a wise and powerful move to improve your financial position and bring your dreams into reach.
We help you to explore the wealth of options to optimize refinancing opportunities that let you turn your life’s vision into reality – whether you’re purchasing your dream home, investing in renovations or adding an investment or vacation property to your assets.
Our approach is simple: explore every wealth-building opportunity to uncover the right combination of mortgage terms to maximize savings, minimize fees and leverage payment flexibility.
If you’re rich in equity but low on cash, we’ll look at refinancing as a means of using your home’s equity to create the lifestyle you’ve always wanted.
Your free and comprehensive mortgage calculator app is here!
This powerful tool will help you take control of your financial future with ease and confidence.
• Compare rates from hundreds of lenders
• Personalized and detailed reports
• Determine your maximum purchase price
• Breakdown of all your closing costs
• Simulate debt payoff and adjust payments
Personalized Mortgage Services
Unique mortgage solutions designed for your unique lifestyle
Shopping for a mortgage can feel confusing, intimidating, complicated and time-consuming. We simplify the mortgage process to save you money, time and frustration, and to ensure you get the right fit for your needs.
As independent VERICO advisors with access to over 50 mortgage lenders, we offer the best match for your lifestyle goals, financial situation and unique circumstances.
Award-winning Squamish Mortgage Broker
Meet Paul Hudson
Paul Hudson, principal of Paul Hudson Mortgage Wealth, is an award-winning Mortgage Broker with over 20 years of professional experience. Paul founded Paul Hudson Mortgage Wealth with the bold vision to inspire people to achieve their wealth potential through mortgage opportunities.
Your Local Mortgage Experts
Serving Towns & Cities Across the Province
We service across British Columbia including:
Frequently Asked Questions
What's Your Lowest Rate?
The lowest rate isn’t always the lowest overall cost. In fact, a slightly higher rate can sometimes save you more in the long run! Interest rates change constantly, and the best rate available depends on factors like your income, credit score, down payment, and the type of mortgage you need.
At Paul Hudson Mortgage Wealth, my team and I have access to over 50 lenders, allowing us to find the most competitive rate for your situation. More importantly, we focus on structuring your mortgage to align with your short- and long-term financial goals.
Many low-rate mortgage products come with restrictions—such as high penalties for breaking the mortgage early or limited prepayment options—that could cost you more over time. We’ll walk you through your options so you can make an informed decision that balances rate, flexibility, and overall savings.
How Much Additional Money Can I Borrow Or Consolidate When I Refinance?
In many cases, you can refinance up to 80% of your property’s value, minus your existing mortgage balance. The exact amount depends on your home’s appraised value and lender guidelines.
What Heloc Options Are Available With A Refinance?
There are multiple HELOC (Home Equity Line of Credit) mortgage options available:
- Some lenders offer a simple HELOC, which adds a line of credit to your mortgage.
- Others allow multiple HELOCs within your mortgage facility.
- Certain lenders also provide HELOCs with multiple mortgage segments, which can be useful for consolidating debts—such as replacing a vehicle loan with a lower-interest mortgage segment.
What Are The Costs To Refinance?
The cost of refinancing depends on your lender and the complexity of your request. Fees can range from $0 to approximately $2,000, especially if legal services are required. Some lenders offer cashback promotions, which may cover legal costs and even leave you with extra funds as a bonus for transferring your mortgage. Typically, these offers require you to open an account with the new lender.
Can I Remove A Cosigner Or Former Spouse When Refinancing?
Yes, you can remove a cosigner or former spouse during a refinance. In some cases, there is no cost, while in others, legal fees may apply depending on the complexity of the request. A lawyer may be required for the removal process.