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Refinancing your MCAP mortgage

Homeowners refinance for many reasons — to renovate, consolidate debt or bring a mortgage to a new home. See if it’s the right move for you.

Refinancing could help you achieve your next goal

Thinking of accessing some of the equity in your home to consolidate debt, fund a new project, purchase another new home, or send a child to school? Depending on your situation, refinancing your existing MCAP mortgage may be an option to help you reach those goals.

4 steps to refinance your MCAP mortgage

  • Calculate your mortgage payments

    How much will a new mortgage cost you each month? Quickly calculate your payments to find out.

    Mortgage payment calculator
  • Understand your mortgage options

    As you refinance, it’s worth checking that your current mortgage is still the right fit. Check out our mortgage options.

    Mortgage products
  • Call us with questions

    Our MCAP customer service team is ready to help answer any questions you might have about refinancing.

    Call: 1-800-265-2624
  • Apply online or by phone

    An application to refinance can be done online or over the phone by speaking with one of our Customer Service Specialists

    Apply by phone: 1-866-514-4896

    Apply online
4 steps to refinance your mortgage

3 steps to refinance your mortgage with MCAP

  • Calculate your mortgage payments

    How much will a new mortgage cost you each month? Quickly calculate your payments to find out.

    Mortgage payment calculator
  • Understand your mortgage options

    MCAP provides different mortgage options to fit your needs. Take a look at what we have to offer and see what will work for your refinance.

    Mortgage products
  • Connect with a Mortgage Broker

    A Mortgage Broker will help as you navigate the process to refinance your mortgage and make the move to MCAP.

    Find a Broker
3 steps to refinance your mortgage

Why MCAP

Get Started

For questions, rates, or to start learning more about refinancing your existing mortgage with MCAP, professional mortgage brokers are available to help.

Common Questions About Refinancing

Resources

Why use a mortgage broker?

Watch our quick video to understand the benefits of using a mortgage broker

WATCH THE VIDEO Why use a mortgage broker?

Buying a Second Home?

If you’re refinancing to invest in another property, take a look at our rental and secondary home programs.

BUYING A SECONDARY PROPERTY Buying a Second Home?

Enter the MyHome Sweepstakes

As an MCAP mortgage client, you’re eligible to enter the MyHome Sweepstakes — where you have the chance to win amazing prizes for you and your home!

MYHOME SWEEPSTAKES Enter the MyHome Sweepstakes

Get Started

For questions, rates, or to start learning more about refinance your existing mortgage with MCAP, professional mortgage brokers are available to help.

Apply now

You can apply for a refinance in one of three ways. Have questions? We’re here to help.

Apply Online

Fill out our quick and easy application anytime.

APPLY NOW

Apply by Phone

We can take your application over the phone and answer any questions. Call: 1-866-514-4896

Apply by Fax

If you prefer not to apply online, print out the form and fax it over. Fax: 1-877-469-5016

Related Links

How to Choose Between a Home Equity Line of Credit, Refinance, and Second Mortgage

How to Choose Between a Home Equity Line of Credit, Refinance, and Second Mortgage

Looking to take on some home renovations? Want to consolidate debt? Aiming to send a child to post-secondary school? Accessing the equity you have built up in home is a great way to reach the goals that matter to you. And, there are a few ways you can go about it: refinancing your current mortgage; obtaining a Home Equity Line of Credit (HELOC); and taking on a second mortgage.

Home Equity Line of Credit (HELOC): The What, Why & How

Home Equity Line of Credit (HELOC): The What, Why & How

Home Equity Lines of Credit (known as HELOCs) are becoming increasingly popular among Canadian homeowners due to their flexibility in providing access to credit at a low interest rate.

3 Factors to Consider When Selecting a Mortgage

3 Factors to Consider When Selecting a Mortgage

It’s important that your mortgage provides the flexibility you need to make homeownership a bit easier. Read 3 factors to consider when selecting a mortgage.

Mortgage Renewal Process Checklist

Mortgage Renewal Process Checklist

At MCAP, we make the mortgage renewal process simple and straightforward for you. Read our checklist to help guide you through the mortgage renewal.