Mortgages
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Take the time to explore your options—let us help you secure the perfect deal tailored to your needs and lifestyle.
Take the time to explore your options—let us help you secure the perfect deal tailored to your needs and lifestyle.
Don’t settle for automatic renewal with your bank. Let our expert mortgage specialists explore your options with other lenders to secure a better rate and a mortgage that fits your life even better!
When your mortgage term comes to an end, don’t just sign the renewal offer from your current bank without exploring your options. In fact, lenders are eager to compete for your business, and as a new client, you’re in a prime position to benefit. Here’s how we can help you make the most of your renewal or transfer opportunity:
Renewing or transferring your mortgage is an opportunity to save thousands over the term of your loan. Don’t settle for the status quo—seize the moment to maximize your savings.
If your mortgage renewal is coming up, recent changes to federal mortgage rules could open up more opportunities for you. Here’s what you need to know:
Begin exploring your options 3-4 months before your mortgage term ends. Our mortgage team can help you get started and stay ahead of the game.
Assess your current financial situation and long-term goals to ensure your mortgage aligns with your needs. Our experts can guide you through this process to find the best fit.
Don’t settle for your current lender’s renewal offer without exploring alternatives. Our team will shop around for you, comparing rates and terms from multiple lenders to find the best deal.
Fixed vs. variable rates? Shorter or longer terms? Payment flexibility? Let us help you evaluate and select the right options for your lifestyle and goals.
Use competing offers as leverage to negotiate with your current lender or let our mortgage specialists handle the negotiations to secure you the best possible deal.
Mortgage renewal is the process that occurs when your current mortgage term expires. At this point, you can either renew your mortgage with your existing lender or switch to a new lender. This involves negotiating new terms, such as interest rates and payment schedules, to continue paying off your home loan.
It’s advisable to start the mortgage renewal process up to 120 days before your current term ends. This gives you ample time to compare rates from different lenders, assess your financial situation, and negotiate the best possible terms for your new mortgage agreement.
Generally, if you are renewing with your current lender, you do not need to requalify or provide extensive documentation. However, if you decide to switch lenders, you may need to undergo a new application process and possibly pass a mortgage stress test again.
A mortgage renewal statement typically includes essential information such as the remaining balance of your mortgage, the proposed interest rate, payment frequency, term length, and any applicable fees or charges. This document helps you understand your options before making a decision.
Yes, some lenders may automatically renew your mortgage if you do not respond to their renewal offer before the renewal date. It’s important to review any offers carefully and consider whether they meet your needs before allowing an automatic renewal to take place.
After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!
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After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!
After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!
After you submit the form, we’ll reach out to discuss your goals, address any questions, and provide customized, no-obligation quotes. Feel free to let us know if there’s anything else you need!
