How to Reposition Your Debt

Refinance up to 95% of Your Home's Value

With the significant appreciation in house prices over the past five years, many consumers have taken advantage of the refinance program offered through CMHC.

No one likes to refinance their home to pay out credit card debt, car loans, or line of credit, but sometimes it makes sense to review this option in more detail.

Here is a quick checklist:

* Are you tired of making four or five different payments each month?

* Do you find yourself making minimum payments each month?

* Are the other creditors charging interest rates which are higher than today's mortgage rates

Once again, it helps to have a professional consultant explain this program and review your individual needs in detail.

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