Refinancing your property can be a strategic financial decision that provides opportunities to lower your mortgage payments, access equity, or change your loan terms. Whether you are looking to improve your cash flow or invest in other ventures, the refinancing process can be complex. At Fletcher Barrow, we are committed to providing you with the comprehensive legal support necessary to navigate the refinancing process smoothly and protect your interests along the way.
If you are refinancing a property located anywhere in Ontario, Fletcher Barrow is here to guide you through the transaction. We offer a virtual closing experience, allowing you to sign documents electronically via video conference anywhere in the world.
We understand that knowing your legal costs upfront is important. You can get an instant, no-obligation quote directly through our website. Click here to obtain your free quote
Please follow this link for a detailed guide to the refinancing process: Steps to Refinancing Closing.
In brief, once you complete our intake form, we will conduct a title search, receive mortgage instructions from your lender, prepare all necessary documents, arrange your e-signing appointment, and finalize registration and disbursement.
Generally, we will require:
Closing costs for refinancing typically include:
Typically, the refinancing process can be completed within 1 to 2 weeks after we receive all required documents and mortgage instructions.
However, timelines may vary depending on your lender’s processing times and the complexity of the transaction.
Our experienced legal team will promptly address any issues such as title discrepancies, lien removals, or mortgage payout adjustments.
We work proactively with your lender and other parties involved to ensure a smooth closing.
Yes, you can refinance multiple properties simultaneously.
Each property will require a separate file, title search, and set of closing documents, but we can coordinate the transactions together to save you time and stress.
No. We offer a fully virtual closing process.
All documents are signed electronically via secure video meeting, and funds are deposited directly into your bank account.
Yes. Part of our service includes obtaining a payout statement from your previous lender, using the new mortgage proceeds to pay off the balance, and discharging the old mortgage from title.
If your property has multiple registered owners (e.g., spouses, business partners), all owners must be involved in the refinancing process and sign the required documents.
We will coordinate with all parties to ensure a smooth closing.
Ready to refinance your property? Reach out to our experienced real estate team today!