If you would like to access additional equity from your home for renovations, large purchases, or paying out other high interest rate debts, we should explore refinancing when your mortgage comes up for maturity. 

Refinancing also provides the opportunity to adjust your amortization period. Depending on your situation, this could mean the following: shortening it to reduce the total interest cost over the life of your mortgage and pay it down faster, or extending it to lower your mortgage payments and increase your monthly cashflow.

There is no cheaper time to refinance than at your mortgage maturity. At any other time during the life of your mortgage there would be a penalty to refinance, however at the time of maturity there is no penalty. 

A little paperwork may be able to save you thousands! We're happy to help collect the necessary application information and documents in order to requalify. We can even migrate over your information from previous applications to simplify this process. 

We would love to discuss whether refinanicing is truly the best fit for your needs. Looking at your options does not remove your ability to renew directly with your lender should that make the most sense.

Please feel free to book a time to chat HERE!

Refinancing provides the opportunity to adjust your amortization period. Depending on your situation, this could mean the following: shortening it to reduce the total interest cost over the life of your mortgage and pay it down faster, or extending it to lower your mortgage payments and increase your monthly cashflow.

There is no cheaper time to refinance than at your mortgage maturity. At any other time during the life of your mortgage there would be a penalty to refinance, however at the time of maturity there is no penalty. 

A little paperwork may be able to save you thousands! We're happy to help collect the necessary application information and documents in order to requalify. We can even migrate over your information from previous applications to simplify this process. 

We would love to discuss whether refinanicing is truly the best fit for your needs. Looking at your options does not remove your ability to renew directly with your lender should that make the most sense.

Please feel free to book a time to chat HERE!

Your renewal offers from your current lender may not be competitive with what's being offered by other lenders. Transferring your mortgage to another lender at maturity could save you thousands of dollars in interest. If you want to be sure you're getting the best deal possible, we should explore transfer options when your mortgage comes up for maturity. 

There is no cheaper time to transfer than at your mortgage maturity. At any other time during the life of your mortgage there would be a penalty to transfer, however at the time of maturity there is no penalty. 

A little paperwork may be able to save you thousands! We're happy to help collect the necessary application information and documents in order to requalify. We can even migrate over your information from previous applications to simplify this process. 

We would love to discuss whether transferring is truly the best fit for your needs. Looking at your options does not remove your ability to renew directly with your lender should that make the most sense.

Please feel free to book a time to chat HERE!

 

If you are not able to qualify to transfer or refinance, renewing with your current lender is the only option.

Renewing with your lender does not mean that your rate will stay the same; your lender will offer you new fixed and variable rate options.

Depending on your lender, we may be able to request a copy of your renewal offers on your behalf, or you may need to reach out to your lender directly.

If you have any questions or would like us to review your renewal offers, we would be happy to help.

Please feel free to book a chat HERE!