As long as there is sufficient equity, our mortgage refinance process enables you to borrow up to 80% LTV (loan to home value) to pay off your current first mortgage, any subsequent mortgage, your debts, and any other legal claims against the property. We then roll everything up into a brand-new mortgage. You should think about our Mortgage Refinance program for your mortgage for a number of reasons:Mortgage refinancing on your property makes sense because first mortgages typically have lower interest rates than second mortgages. If your first mortgage is about to expire or is about to expire, it's a great time to do a mortgage refinance and combine all of your debts into one.