
The difference between “Restructuring” and “Refinancing” In a constantly changing environment, it is important to ensure that your bank and mortgage are keeping up with both interest rate movements and your own personal circumstances. If not, it may be time for you to change things up as well. When evaluating your circumstances, there are typically TWO options available: Restructuring – (Internally) Refinancing – (Externally) Restructuring (Internally) with your Existing Lender Reviewing your finances does not always have to result in refinancing to a new lender. Often, you can restructure your finances with your…