Mortgage Renewals

An opportunity to get a better mortgage rate.

Is your mortgage up for renewal? Then, you have a chance to renegotiate the terms of your mortgage contract, including the length of your next term, your mortgage interest rate, and even your lender.

Let’s face it: A lot of things can happen at any point throughout your current mortgage term.  It could be that your financial circumstances have changed since you first got your mortgage or last renewed it, and your current mortgage may no longer be suitable for you. A mortgage renewal gives you the opportunity to change the terms of your mortgage to better align with your needs and have it match up with your goals today.

Many homeowners don’t want to go through the time-consuming steps of finding a better deal when renewing a mortgage. A lot of people renew with the bank or lender that provided their initial mortgage and don’t even think about switching to another one. They just sign on the renewal form and send it back without any questions!

That’s really not a big deal on the face of things, but with what’s happening with the housing market at large you may be missing out on many excellent options and competitive rates that may be available. If you don’t look for a better rate, you won’t get one.  Who knows, you could very likely do better with a new lender. And remember, there’s no penalty if you switch at renewal time.

If you don’t like negotiating on your own and don’t have the time to shop around and research rates, I can help you find a better deal. I have access to multiple lending institutions, including major banks, credit unions, trusts and other national and regional lenders. I will do the legwork for you and ensure you get the best rate for your current financial situation.

Get in touch now!