Time to renew your mortgage?
If you’re like most of us, you’d rather not think about it, but there’s a lot to consider when it comes to renewing your mortgage. Our experienced Mortgage Specialists work with you to find the best to fit to meet your specific needs.
Don’t rush it – get an early start. Start looking into options six months in advance, so you don’t make a hasty decision. Your mortgage will be with you for a while, make sure it fits your budget and lifestyle. You’ll also want to review your current financial position and goals to determine the kind of mortgage loan is for you.
What do you want? Take time to think about what YOU want out of your next mortgage. Interest rate is an important factor, but it’s not the only factor to consider.
You'll also want to think about:
- Recent or upcoming changes in your financial situation
- How long you plan to stay in your current home
- Economic and interest rate trends
- Any updates or renovations you want or need to make
Don’t make assumptions – Mortgage products change regularly, so don’t assume you can renew your mortgage with the same terms and conditions you have now. If it’s been a few years since you took out your mortgage, your options may have changed, as well as what you need!
Talk to a specialist – There are lots of things to consider when renewing and our friendly, professional staff can make it little less stressful. Make an appointment with a Mortgage Specialist as soon as you get your renewal notice, if not sooner.
Reach out below. We’ll guide you through the options and help you select a mortgage that fits your budget and gets you mortgage-free faster!