Mortgage Renewal/Transfer Toronto ON
Toronto Mortgage Broker with 10+ years of experience
Negotiating on behalf of clients to ensure they receive the best terms when their mortgage is due for renewal.
When a mortgage is coming to the end of its term, borrowers can decide to pay them off in full, or renew into a new term. When the term ends, you have the freedom to make changes to your mortgage without having to pay penalties.
Lenders will generally mail their offer for renewal to clients a few months before the maturity date. It’s a great time to re-evaluate your finances and lifestyle goals, especially before blindly signing on the dotted line. This is a time for renegotiation.
Roughly 50% of borrowers fail to explore options outside of simply renewing with their current lender, and don’t realize the potential interest savings they may be missing out on.
By contacting me, I can do the work for you. I am able to research mortgage rate and product offerings among a vast number of financial institutions. We can examine your goals, and ensure you are renewing into a mortgage that suits you and your current needs whether that means staying with your current lender or transferring it to another institution.
