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Mortgage Refinance

Clover Mortgage Can Help You Refinance Your Mortgage At Great Low Rates With The Best Lenders In The Industry!

Whether you are looking to refinance your current mortgage to take out extra money from the equity you have in your home for personal use, to consolidate debts or pay off higher interest debts, to renovate your home, to finance a car, or for any other reason, the experts at Clover Mortgage can help you get the best deal that’s right for you.

A mortgage refinance allows a borrower to alter the terms of their current mortgage agreement for something that better suits their financial situation and needs. If your income and credit score has improved since you first took out your mortgage, or since your most recent mortgage renewal or refinancing, you might be interested in refinancing to secure a better interest rate and lower monthly payments. On the other hand, if you are in a tough financial situation, or need extra cash to pay for home renovations or home improvements, fund other expenses like university tuition and education financing, pay for divorce costs, or anything else that you need, you might want to refinance your mortgage and borrow additional funds using the equity you have available in your home. This will allow you to use that extra money without having to take out a second mortgage or private mortgage.

Homeowners are often confused about the difference between renewing and refinancing a mortgage. A mortgage renewal happens at the end of the mortgage term if there is still an outstanding balance owed to the lender. In many cases, borrowers tend to renew their contract with the same lender at the same interest rate, or higher in many cases these days, and the same term. Unfortunately, you might be paying too much if you don’t shop around with other lenders when renewing your mortgage.

A mortgage refinance allows you to entirely swap the terms of your current mortgage contract for a different arrangement. You don’t have to wait for your mortgage term to end or approach the renewal date, you can be apply for a full mortgage refinancing at anytime. However, in most cases a refinance done before the end of the term will require the borrower to pay a prepayment fee. An experienced Clover Mortgage agent can help you better understand if a mortgage refinance is right for you and what fees, if any, might be associated with it. Please refer to our mortgage per-approval checklist to see what documentation you should prepare for completing a proper mortgage refinance application.

Call or text us today at 416-674-6222 or toll free at 1-800-673-2230 for a Free No-Obligation Mortgage consultation.

Why Work With Us

Low Rates

*Commercial Mortgage Rates start as low as 2.75%

*Rates are subject to change. Terms & conditions may apply.

Fast Service

We pride ourselves on quick, easy & honest service. Our clients always come first.

Bad Credit

We specialize in dealing with bad credit & bank declines. We turn a “no” into a “YES!”

Easy Application

*No credit checks. No complicated application and no income required!

*Terms & conditions may apply.

Our Customers Love Us

Sandra F.

I was in debt and needed help getting back on track. My mortgage agent at Clover Mortgage helped me get approved for a home equity loan to consolidate all of my debt in one small monthly payment. Now I’m saving over $1,000 a month in interest and am left with less debt and more money in my pocket at the end of each month. Thank you Clover!

David J.

I’m a self employed independent contractor. I earn a decent income, but when I went to the bank to refinance my home, they denied my application telling me that I didn’t have enough “provable” income to qualify for refinancing my home. When I came to Clover I was almost out of hope. My Mortgage Agent at Clover was caring and professional, and help me get a great rate and flexible terms on full refinance. The whole process took less than 48 hours! I was impressed at how quickly and easily they were able to get me the money and home refinance I needed. Thank you Clover Mortgage, I’m recommending you to everyone I know!!

Andrea R.

I had really bad credit, but really wanted to purchase a Condo. When I went to the bank they made me go through a lengthy application process that took weeks, and then they turned me down at the end of it all. When I found Clover Mortgage online, I called them and a friendly Mortgage Agent was able to help me get approved for a mortgage quickly and hassle-free. I got a good rate and now live in a home that I am comfortable in and am able to easily afford my monthly payments.

Ankur R.

I definitely recommend Clover Mortgage to any new home buyer! They were very professional and helped my husband and I get mortgage for our new home at an even better rate than the bank was offering us. They also helped us get the mortgage with a smaller down-payment than the bank demanded from us. Since we did our mortgage with Clover, several of our friends and family members got their from them also, and Clover Mortgage has been able to help all of them, even the ones that were completely turned away and rejected by their banks.

Janet L.

My husband and I found ourselves in a tough situation. Luckily my expert mortgage broker at Clover Mortgage helped us get a fast and easy approval for an amazing rate for refinancing our home. Clover’s service is the best I’ve ever experienced and I’ve been recommending them to all of my family members and friends ever since. Thanks for your help Clover!

Raj I.

I definitely recommend Clover Mortgage to any new home buyer! They were very professional and helped my wife and I get mortgage for our new home at an even better rate than the bank was offering us. They also helped us get the mortgage with a smaller down-payment than the bank demanded from us. Since we did our mortgage with Clover, several of our friends and family members got their from them also, and Clover Mortgage has been able to help all of them, even the ones that were completely turned away and rejected by their banks.