Mortgage Renewal, Switch or Refinancing
Is it time to renew your existing mortgage?
The lender who currently holds a mortgage on your home may have already sent you a renewal offer. These offers typically contain a number of options, at different rates and terms. Sometimes these terms differ wildly from your original mortgage, so you may be confused by all this.
But do not worry, as a licensed mortgage professional I am here to explain those options to you, and also show you other opportunities that may be available to you at this time. Always remember that my services are free, so there’s absolutely no reason for you not to take advantage of my expertise.
This may also be a good time for you to consider one of the following:
Sometimes what makes the most sense is staying with your existing lender, because they may ultimately offer you the best terms for your mortgage renewal. However, using me as your mortgage agent to help you with that process may give you some benefits, as I may be able to negotiate even better mortgage terms for you. You save time and hassle dealing with your lender at no cost to you!
This means switching your mortgage, at the current balance to a different lender. Your mortgage balance would be the same, but I may be able to negotiate a better rate, or better terms, such as pre-payment privileges etc. To be able to do this successfully, you need to qualify under the new B-20 guidelines, and I am here to help you with that.
If you need some money to do a major renovation, or pay out other debt, such as high interest credit cards. For example, your current mortgage balance at maturity may be $300,000, but you’d like to take some equity out, say, $50,000 to finish the basement, or do a new kitchen and deck. We could arrange a new mortgage for you in the amount of $350,000
Let's Connect and Get Your Mortgage Approved!
I'm available to my valued clients 7 days a week, and many years after I get you that mortgage. I will pick up my phone, unless I am currently helping another client. If you get a busy signal, please leave a message and I will get back to you as soon as possible. Be sure to leave your name, number a reason for you call.