When it comes time to secure a renewed mortgage, very little effort is put into the decision even though it is equally as important and a tremendous moment of opportunity.
At renewal, you can renegotiate everything pertaining to your mortgage – with no penalties – and it’s your opportunity to save money. Auto renewing your mortgage and not getting fully discounted rates
could cost you hundreds of dollars each month.

Mortgage renewal is also an important time to determine:

• • If it is an option for you to roll your high-interest credit cards and other debt into your
  • mortgage to get one lower payment, boost your monthly cash flow, and save on interest
  • costs.
  • If it makes sense to take some equity out for renovations or a major expense ahead; your
  • mortgage could be your best choice for lowest-cost funds.
  • Many of my lenders provide a 120-day rate guarantee for pre-approved clients that can protect you against a possible rise in mortgage rates.

When you are six months from renewal, be sure to get in touch for a review of your options, not just those presented by your current lender. There are always great options available in the marketplace and I am here to help you find the best one that meets your needs at your mortgage renewal.