Mortgage Renewal
Your renewal is one of the best opportunities to save money. Most Canadians sign whatever their bank sends. Don't be most Canadians.
Your mortgage term ends and your bank mails you a renewal letter. Most people sign it without question. That's a huge mistake.
Renewal time is your leverage moment. Your lender wants to keep you, which means they'll negotiate. And if they won't give you the best rate, I'll find someone who will — at no penalty, since switching lenders at renewal is penalty-free.
I start working on your renewal up to 4 months before your term ends, so you have time to shop, compare, and make a smart, unhurried decision.
What You Get Working with Me
- Shop multiple lenders at renewal — not just your current one
- Switch lenders penalty-free at renewal time
- I start the process 120 days before your renewal date
- Renegotiate terms, amortization, and features
- Review your financial goals and update your mortgage strategy
Common Questions
When should I start the renewal process?
I recommend starting 120 days (4 months) before your renewal date. That gives us time to shop, compare, and switch if needed — without any rush.
Can I switch lenders at renewal without a penalty?
Yes! At renewal, you can transfer to a new lender at no penalty. This is one of the best money-saving opportunities you'll get as a homeowner.
What if I'm happy with my current lender?
Even if you stay, I'll make sure you're getting their best rate. Sometimes just mentioning you're shopping around gets you a much better offer.
Ready to Get Started?
Let's talk about your situation. I'll find the best options available for you, at no cost.
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