Mortgage Refinance Lawyers in Edmonton

Our refinance lawyers in Edmonton act on mortgage refinances and lender switches across the Edmonton region — registering your new mortgage, paying out and discharging the old one, and distributing any equity.

What we handle

• Refinances & equity take-outs
• Switching lenders
• Debt consolidation payouts
• Adding or removing a person from title
• Title insurance
• Virtual signing

How a refinance works

1. Instructions. Your new lender sends us mortgage instructions.
2. Title and payouts. We search title and get a payout statement for your existing mortgage and any debts being paid out.
3. Signing. We review the mortgage documents with you and have them signed — in person or virtually where the lender allows.
4. Registration and funding. We register the new mortgage at Alberta Land Titles, receive the funds, pay out the old mortgage and any other debts, and send you the balance.
5. Discharge. We make sure the old mortgage is discharged from title.

Refinance or switch?

A switch moves your existing balance to a new lender, often at renewal. A refinance increases the amount borrowed — for example, to consolidate debt or fund renovations. Either way, a new mortgage is registered and the old one discharged.

Fees

Our legal fee for a refinance is fixed. Our closing cost estimator shows the legal fee, disbursements, GST, the Land Titles mortgage registration fee and the discharge fee.

Borrowing from an alternative or private lender? See private & alternative lending.