MORTGAGE REFINANCING
New financing.
The legal side, handled.
Changing lenders or accessing equity? We work through your lender’s legal instructions, the existing mortgage payouts and the registration of your new mortgage.
Get a refinance quoteTHE WORK BEHIND YOUR TRANSACTION
Make the move from approval to funding.
A mortgage approval sets out the financing. The legal closing puts it into place. We explain the documents you need to sign, coordinate the requirements and account for the funds used to complete the refinance.
Do I need a lawyer to refinance my Ontario home?
A refinance that involves registering a new mortgage generally requires legal closing work. Rindi Law reviews the lender’s instructions, prepares the documents and handles the required registration and payouts. Our refinance legal fee starts at $1,049.99 plus HST and permitted disbursements.
The work behind your new mortgage
- Review title and the lender’s legal instructions.
- Obtain relevant payout statements for existing secured financing.
- Prepare and explain the mortgage and closing documents.
- Confirm the arrangements for identification, signing and funds.
- Register the new mortgage and address required payouts.
Your lender’s instructions matter
A commitment or approval does not replace the legal instructions sent to the lawyer. Contact us early and let your lender or broker know we are handling the proposed file. The instructions and applicable conditions must be addressed before funds can be advanced.
Know the costs beyond the legal fee
An existing mortgage penalty, lender fee, broker fee or required debt payout can affect the amount available to you. Those amounts are separate from the legal fee. We explain the closing statement; your lender or broker can confirm its own charges.
See the fee breakdownChanging ownership at the same time?
Tell us before the file proceeds. Adding or removing an owner may require the lender’s approval and separate transfer documents, and can raise tax or other legal issues.
Learn about title transfersA LITTLE CLARITY
Before you
get started.
Can you work with my mortgage broker?
Yes, we coordinate with the professionals involved, subject to the lender’s requirements and our ability to accept its instructions.
Can I sign remotely?
Ask about a virtual appointment. We confirm the lender’s and identification requirements for your transaction.
Is private financing handled the same way?
Private mortgage matters may have different documentation and representation requirements. Tell us that the financing is private so we can confirm scope and fees.
YOUR NEXT STEP
Ready to put your financing in place?
Tell us your lender and funding date. We will confirm the next steps and provide a written quote.