Benefits of Renewing with Westoba

Get the Best Rates: Our range of mortgage options includes low rates for open or closed, fixed or variable, long-term or short-term mortgages, all designed to help reduce your interest payments.

It’s Easy: If you already have a mortgage with us, you can quickly renew your mortgage with the help of your Financial Consultant. For those with a mortgage with another financial institution, it is easy to take advantage of our low rates and switch by applying online or by phone.

Expert Advice: As you approach your maturity date, our experts work with you to find the best to fit to meet your specific needs.

Get Pre-approved for a Mortgage Online

Mortgage Renewal Tips

1. 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.
2. 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.
3. 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!
4. 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!