Do I Need a Lawyer to Refinance or Increase My Mortgage?
Mortgage refinancing involves creating a new mortgage loan by modifying your existing terms. Many homeowners seek to refinance their mortgage as a way to help lower their current interest rates or reduce monthly payments. While refinancing your mortgage may be an exciting prospect, it can be a fairly complex transaction and you are likely to benefit from the legal advice provided by a real estate lawyer.
How a Lawyer Can Help You with Your Mortgage Refinance
When it comes to refinancing or increasing your mortgage, you will need to consult with a real estate lawyer who can review your mortgage terms and make any necessary adjustments for you. Here are a few important reasons why you need a real estate lawyer to refinance or increase your mortgage:
- Lawyers identify and explain fine print details including terms and conditions.
- Lawyers help sort through all your paperwork and facilitate all transactions.
- Lawyers register your new mortgage electronically.
- Lawyers perform property title searches to check for financial liens.
At Simard & Associates, we can help you deal with all the complex aspects of mortgage refinancing. Our team of real estate lawyers is here to answer all your questions and ensure that the conditions of your refinance are legal before you proceed. Whether you are a first-time home buyer or an experienced homeowner, we have a range of legal services to accommodate your real estate needs.
For more information about mortgage refinancing, get in touch with our team at Simard and Associates by calling 613-446-5060 or submit a form online.