Refinancing is a very popular option for Islanders, especially when you have an excellent first mortgage in place… For example, you may have been working at improving your credit score and now qualify for a new mortgage with a better discount, or you may want to stabilize your payments by changing from a variable rate mortgage to a fixed-rate.

Refinancing is also a good option to pull out equity for consolidating debt, home improvements, investments, college expenses, and more.  Call or text Richard MacFarlane – RAM Mortgages PEI at 902-314-2147 for more info.