Mortgage Refinance
Legal Services in Ontario
When mortgage rates drop or your financial needs change, refinancing can be a smart move—one that helps reduce monthly payments, consolidate debt, or access home equity for renovations or other goals.
But behind every refinance is a legal transaction that must be properly managed to protect your interests. At Jaramillo Law PC, we ensure your refinance is completed accurately, efficiently, and in full compliance with lender and legal requirements.
Why Refinance Your Mortgage?
Refinancing isn’t just about getting a better rate. Homeowners across Ontario refinance their properties for many reasons, including:
- Lowering monthly mortgage payments
- Accessing home equity to pay off debt or fund renovations
- Switching from a variable to a fixed-rate mortgage
- Adding or removing a borrower from the mortgage
- Securing a new home equity line of credit (HELOC)
Whatever your reason, we’ll make sure your refinance goes through smoothly and securely.
Our Mortgage Refinance Legal Services Include:
Property Title Search
We conduct a detailed title search to identify any existing encumbrances, such as previous mortgages, liens, or charges on your property. This step ensures your lender receives an accurate picture of the title before funds are advanced.
Payout and Discharge of Existing Mortgages or Liens
As part of the refinance, we work with your lender to:
- Pay out any existing mortgages
- Discharge any registered debts, judgments, or secured lines of credit
- Clear the title of encumbrances in accordance with your new mortgage instructions
We also ensure that all payouts are correctly calculated and delivered to the right parties.
Coordination with Your Bank or Lender
We liaise directly with your financial institution, mortgage broker, or private lender to coordinate closing requirements, review funding instructions, and ensure that your refinance aligns with all banking protocols.
Title Insurance Arrangement
Most lenders require updated title insurance as a condition of refinancing. We’ll help you secure the appropriate policy to protect both your lender and your property from issues such as title fraud, outstanding taxes, or survey errors.
Why Homeowners Trust Jaramillo Law PC
A refinance may not involve buying or selling property—but it still carries significant legal and financial impact. With Jaramillo Law PC by your side, you get:
- Fast, reliable legal processing
- Full coordination with lenders and brokers
- Transparent communication at every stage
- Confidence that your title is clean and your paperwork is airtight
From Toronto to Newmarket and everywhere in between, our legal team delivers peace of mind on every refinance transaction.
Refinancing? Let’s Take Care of the Legal Work.
We handle the legal side of your refinance so you can enjoy the financial benefits. Reach out to Jaramillo Law PC today to schedule your refinance consultation.
