Keep more cash in your pocket—
and stay ahead of rising rates—
by letting Mii Broker re‑shop your
Mortgage across Ontario’s top
lenders.
Refinance • Renewal • Switch/Transfer
1) Refinance
Goal: Tap equity, consolidate debt, or change amortization.
Equity Access up to 80 % LTV – Lump‑sum cash for renovations, investments, or business capital.
Debt‑Consolidation Savers – Roll high‑interest cards/LOCs into one low Mortgage payment; we model savings before you commit.
Blend‑and‑Extend Options – Avoid a full payout penalty by combining your current rate with a new term.
Costs to Expect: Discharge fee ($400), appraisal ($350), legal (~$1,000), and a possible IRD/prepayment penalty (we calculate whether savings outweigh the cost).
2) Renewal (Term Ending)
Goal: Negotiate a better rate/term when your existing term expires.
120‑Day Rate Hold – We lock today’s rate four months early, giving you negotiating power with your current lender.
No Legal Fees – Staying with the same lender at maturity is fee‑free; we still compare market rates to be sure you’re not overpaying.
Custom Terms – Short‑term fixed, variable with switch‑to‑fixed privilege, or longer amortization to ease cash flow.
Quick Tip: If your credit score dipped during the term, renewal is your best chance to secure a prime rate before it’s re‑pulled.
3) Switch / Transfer (No New Funds)
Goal: Move the balance to a new lender for a lower rate or better features—without increasing the # amount.
Lender‑Paid Legal & Appraisal – Many Ontario lenders cover basic legal fees and the appraisal on a straight switch.
Portable in 10 Days – We prep docs so your new lender can fund before the maturity date, preventing a penalty.
Feature Upgrades – Gain extra prepayment room (up to 20 % lump‑sum + 20 % payment increase) or add a Home Equity Line (readvanceable).
Our Process
We calculate break‑even versus staying put.
Penalty & Savings Analysis (24 hrs)
We canvass banks, credit unions, and monolines.
Rate‑Shop & Approval (48 hrs)
We coordinate lawyers, discharge payouts, and registration.
Legal & Funding
We review rates, equity, and goals each year—free of charge.
Funding & Beyond
Information accurate as of May 2 , 2025; subject to lender approval and provincial/federal regulation changes. Ontario residents only.
Working for you, not the Banks
Markets Served: Serving Toronto and Surrounding Area
Working for you, not the banks.
Serving Toronto and surrounding
areas, I provide expert Mortgage
solutions—purchases, refinances,
renewals, and more. Get a free
quote today and experience service
focused on your goals, not the
lenders
What Our Clients
Say About Us
I just want to say thanks. From the first phone call to the end of the process you made things seem easy. Thanks again for everything.
Samir
Thank you so much for all your care, attention to details and hard work. The pre approval process really help make our first time home purchase a breeze!
Mina
I would just like to personally thank you in regards to our latest Mortgage renewal, you made the entire process smooth and painless. We will definitely be using your services again.
Karen