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If you are considering home refinancing, you may wonder if there are benefits associated with taking this major step. In fact, there are numerous benefits. Recently I consulted a mortgage lender in Ontario providing home refinance service. Here are some of the benefits of home refinancing.

  • Reduce your mortgage term
  • Lowering your monthly payment
  • Changing loan programs
  • Increase home equity
  • Improve your credit score
  • Reduce student debt
  • Eliminating private mortgage insurance 

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