Renewing Your Mortgage
Your financial situation may have changed since you last obtained your mortgage. Renewing your mortgage is the ideal time to reassess your borrowing needs and choose the right mortgage, term, and payment option to suit your lifestyle today.  Studies have shown that most people become lazy come renewal time and decide to renew under same terms as before; meantime, you could be saving a lot on interest rate by simply inquiring about what we can provide for you come your renewal time!

When will you know that it’s time for your mortgage renwal?
Every mortgage comes with a specific term: anywhere between 6 months to 10 years.  The most commonly selected term is the 5 year mortgage.  When your term is up, it is time for your renewal.  Well before your renewal date, you’ll receive a renewal agreement in the mail that outlines current terms and interest rates. Before you sign your renelwa agreement with your mortgage company, give us a call and let us see if we can offer you a better deal than your renewal package.

Early Renewals/Switches
You decide when it’s the best time to renew you mortgage, even if it’s before the maturity date. Contact us and together we’ll look at how you can lock into a new rate and term to better meet your needs.  We can calculate your cost of borrowing to find out if you may be better off going with a much lower interest rate and paying penalties to break out of your current mortgage.  You never know until you have one of our professionals do the calculations for you!  Numbers speak louder than words…

Refinancing Your Mortgage
Your home is likely your most important financial asset. Refinancing your mortgage can allow you to take advantage of any equity in your home to:

• help cover the cost of home renovations
• a child’s post-secondary education
• consolidate debts or
• free up funds for investments

We offer refinancing options that give you the opportunity to once again match your borrowing needs with the right mortgage solution to suit your lifestyle today.