Mortgage Renewals, Transfer & Switch
You don’t need to wait until the last minute and do an automatic renewal with your lender when they term of your mortgage is up. In fact, if your mortgage is reviewed annually then your advisor will never miss the best rates and options. Lenders that send you a renewal notice directly never give you the best rates, and you don’t need to settle for paying more.
Allow us to help you look into your mortgage plan, and take your future goals into consideration. Mortgage brokers have access to a wealth of products with no limitations, and that works to your benefit. Contact us before you have to renew your mortgage and we can work with you to find a better rate or product.
Working with a direct lender like a bank might feel more “conventional”, but the reality is that an independent third party can offer impartial advice. Plus, brokers have access to a much wider array of products.
It might seem like the easy option at the time of mortgage renewal is just to accept whatever rate and terms your existing lender offers you. Without even stepping foot in a financial institution, you’ll receive a letter, and if you sign and return it, your renewal will be finalized. In a world where we are so focused on convenience, lenders expect that many people will choose this option, and settle for less than optimal terms.
Life Insurance is the most selfless act a person can do for their family, as the person that is insured will never benefit from the coverage.
A credit report is a history of how consistently you’ve paid your financial obligations. It is created when you first borrow money or apply for credit and is built over time. The companies that lend or collect money or issue credit cards (banks, finance companies, credit unions, retailers, etc.) send credit reporting agencies specific and factual information about their financial relationship with you.
For most Canadians, our home is our most important investment, but owning a home also comes with a great deal of responsibility. When unforeseen circumstances impact your ability to meet your mortgage payments, it’s important to take quick action and contact your lender. With early intervention, your lender can help you find a solution to your financial difficulties.
For most Canadians, buying a home means taking out a mortgage. A mortgage is money you borrow to buy
a home, using the home as security (or “collateral”) for the loan.
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Home owners don’t always recognize that there are a variety of mortgage options available. Real estate financing isn’t a “one size fits all” thing, and no one should have to settle for that. When buying your first home, refinancing, or moving you should explore all of the options. We can help you find a mortgage that fits your lifestyle and financial needs. Contact us to get pre-approved.