Renewing your mortgage is as important a financial decision as selecting your first one. While renewing your mortgage, you are in a stronger financial position as compared to where you were before. Your home equity grows over a period of time and by decreasing your principal loan balance, you are in a good position to negotiate. However, many prefer to just sign their existing agent’s mortgage renewal form without trying to get a good deal on the new mortgage. This results in a higher rate and a mortgage package that does not cater to your individual needs. Before you renew your mortgage :
- you will need to know what products are available to you
- you will need to know the differnt rate hold periods - this could make a difference in your rate
- you must be able to compare the different variable rate options - yours needs to be the best !
- you should know how you can pay your mortgage off quicker and save thousands in interest !
With our expertise in the Canadian mortgage industry, We can help you get the most out of your mortgage renewal. Pay off existing debts, clear high-interest credit card bills, renovate your home and do a lot more after renewing your mortgage. Just fill in this short application form and I will help you find the best terms for your mortgage renewal, or contact us call 250-475-9810 or email email@example.com or firstname.lastname@example.org We would love to hear from you