Mortgage Renewals
Congratulations on your maturing mortgage…let us help you get a better rate!
If your mortgage renewal is fast approaching then you’ll soon be at an important financial milestone. Now’s a great time to look at the many innovative options and competitive rates available.
Lenders send out renewal forms just prior to renewal dates to those with good payment histories, with about 70% of homeowners sending it back without asking any questions. Most times, this offer is NOT the best rate on the market and you might be giving your hard-earned money away in interest when you don’t have to!
Having multiple lenders compete for your business is a great way to ensure you get the best rate for your situation. We deal with multiple lending institutions, including major banks, credit unions, trusts and other national and regional lenders, which means we can put significant negotiating power behind finding the best mortgage to fit your specific situation.
The best part is we can hold your rate for up to 120 days before your renewal date – but still get a lower rate if they drop. So, you get a win-win situation of locking in a rate in case they go higher with the ability to drop it if they go lower!
Finally, at renewal time it is usually FREE for you to switch to a lender offering a better rate or product. So there is no downside to seeing what we can do for you!
Get in touch today to see what we can offer on your next renewal.
Learn more about renewing your mortgage
As mortgage policies change, we are always updating our video library with fresh content. Why should you use a mortgage broker? Check out our video below!