Refinancing

There are many reasons you may need to refinance your property, if any of these situations are applicable, we can help with the legal registration and closing of your mortgage/refinancing:

• • Your mortgage is up and it’s time to renew, whether you’re switching to a new lender for a better rate/term or sticking with a familiar face, we can help you with the legal closing of that deal.
  • Even if you’re mortgage term is not up, there are sometimes reasons to refinance early, such as better rates (even after paying any penalties), changing between fixed or variable mortgages or changing your term or amortization.
  • You may need to access the equity you’ve built up in your home by registering a line of credit.
  • You are considering taking out a 2nd mortgage, maybe for a renovation project.

We are happy to sit down with you and go through all of your options so that you know what you’re getting into. We have great relationships with the top title insurers in Ontario to ensure that your lender is happy with the security and you get access to the funds you need. We can also help with registration of a 2nd mortgage.

LAWYER-LED REFINANCING

Refinance Closing Services for Mortgage Brokers & Lenders

At Falcone Law, we understand that successful refinance transactions depend on speed, communication, and the ability to solve problems before they delay funding. Unlike volume-based processing centres, every refinance file is managed by an experienced legal team including a lawyer assigned to each file.

Our goal is simple: provide an efficient closing experience that reflects well on you and gives your clients confidence from start to finish.

Whether your file is straightforward or involves title complications, multiple properties, or complex financing arrangements, we have the experience to keep transactions moving.

Why Brokers Choose Falcone Law

Direct Communication

No call centres. No generic updates. You’ll have a dedicated point of contact who keeps you informed throughout the transaction and is available to answer questions as they arise.

Problem Solvers

Not every refinance is routine. We regularly assist with:

• • Title defects, missed discharges, and title corrections
  • Equity take-out refinances
  • Multiple property transactions
  • Private and alternative lending
  • Corporate borrowers
  • Estate and trust ownership issues
  • Last-minute lender requirements

Because you’re working directly with a law firm, legal issues are addressed immediately rather than being escalated through multiple departments.

Flexible Signing Options

We offer flexible signing appointments designed to fit our clients’ schedules, including virtual signing options where permitted, remote signing arrangements, and 2 locations if in-person signup is requested.

Refinance Services

We assist with:

• • Residential refinances
  • Mortgage switches and transfers
  • Equity take-out financing
  • Home Equity Line of Credit (HELOC) registrations
  • Private mortgage transactions
  • Alternative lender transactions
  • Multi-property refinance transactions
  • Title corrections required before funding

We also offer bundled legal services that many borrowers appreciate completing during the refinance process, including:

• • Wills
  • Powers of Attorney
  • Estate Planning documents

Bundling these services can save time and cost, while helping protect a family’s long-term interests.

Our Process

1. Instructions Received

We acknowledge receipt of your file and begin preparing documentation promptly.

2. Review & Title Search

Our team reviews lender instructions, conducts title searches, and identifies any issues that may affect closing.

3. Issue Resolution

If concerns arise, we communicate with the broker and lender immediately and work toward practical solutions to avoid unnecessary delays.

4. Client Signing

We coordinate signing appointments that are convenient and ensure all requirements are satisfied before funding.

5. Funding & Reporting

Once funding is complete, we promptly report back to the lender and broker, confirming successful registration and closing.

Frequently Asked Questions

Can you handle difficult or unusual refinance files?

Yes. We regularly close files involving title issues, title transfers, multiple properties, equity take-outs, corporate ownership, private lending, and other complex matters.

Do you offer virtual signing?

Yes. Where appropriate, we offer virtual or remote signing options, together with flexible in-person appointments for our clients.

What do you need from the broker?

Typically we require:

• • Complete lender instructions
  • Borrower contact information
  • Mortgage commitment (if applicable)
  • Any special lender conditions
  • Requested funding date

If additional documentation is required, we’ll advise you promptly.

What are your fees?

Our refinance fees are competitive and transparent, with fixed fee pricing based on the nature and complexity of the transaction. You’ll receive a clear quote outlining the legal fees, potential disbursements, and applicable taxes before proceeding.

Can you complete a Will or Power of Attorney at the same time?

Absolutely. Many refinance clients choose to prepare their Wills and Powers of Attorney while completing their refinance, making efficient use of their legal appointment.