Mortgage Renewals & Transfers
Many Canadians are overwhelmed by their day-to-day responsibilities, and are intimidated by the mortgage renewal process. This often means people renew their mortgage with their existing bank or lender, for the sake of simplicity. Unfortunately, that isn’t always a financially sound decision. Mortgage lenders frequently send offers for early renewal that may sound enticing, but in actuality, may be locking you in to interest rates far greater than what I’d be able to find through alternative sourcing.
Your home is your biggest investment. I’m happy to work with you as early as 120 days prior to your renewal with your existing lender. Together, we can take a more prudent approach to securing your investment. I’ll shop out your mortgage with other lenders and will work hard to obtain the lowest possible rate for you, prior to the maturity date on your existing mortgage.
The best part of all of this is that there’s no effort required on your part at all. Simply contact me in advance of your mortgage maturity date, and leave the rest to me. I’ll explore every potential avenue for cost-savings and will present you with the options that work best for your personal needs and finances.