Thinking of downsizing your home? The process of selling your current, larger home in favour of something smaller is a popular move among Canadians approaching or living in retirement, those who find themselves with an empty nest, or homeowners who want to simplify their lifestyle.
Make your move with confidence
Whether it’s your second home or your forever home, buying a new place is always a big deal. We can help simplify your next home purchase, with a range of mortgage options, payment features and home buyer programs that can be customized to your individual needs.
What to do with your current mortgage: Options to consider
If your mortgage today is the perfect fit — and comes with a great rate — you might want your mortgage to move with you to your new home.
Need additional financing for your next home? No problem. You can still port your mortgage.
If you’re scaling back and your new home doesn’t need as large a mortgage, you can take only the portion of the existing balance you need.
Sometimes, it doesn’t make sense to port your mortgage — or your existing mortgage may not be portable. We can help you find the right mortgage for your new home.
Why use a mortgage broker?
Watch our quick video to understand the benefits of using a mortgage broker
Pay down your mortgage faster
Get some tips on how to become mortgage-free faster.
Paying your property taxes
MCAP offers the option to pay your property taxes with your MCAP mortgage, giving you one less bill to worry about.
For questions, rates or to start a mortgage application, professional mortgage brokers are available to help.