MORTGAGE RENEWAL - SUMMERLAND & PENTICTON, BC
Your bank wants you to sign the renewal slip, I want you to read it first!
Every year, hundreds of thousands of Canadians auto-renew their mortgage without shopping the market. Their bank sends a letter, they sign it, and they leave thousands of dollars on the table over the next five years. Your renewal is one of the most important financial decisions you will make. Treat it like one.
MY COMMITTMENT TO YOU!
Most people accept whatever their lender offers. I find out if you can do better.
When your mortgage comes up for renewal, your lender is counting on inertia. They send you an offer,
it looks reasonable, and signing feels like the path of least resistance.
But reasonable is not the same as the best available. And over a five-year term, even a small difference in rate or terms adds up to real money. I review renewal offers for my clients every day. In most cases, I find something better, a lower rate, more prepayment flexibility, better portability, or a lender that fits where your life is heading next. And if your current lender truly has the best offer? I will tell you that too.
I review your banks offer
I look at what your lender is offering — rate, term, prepayment privileges, portability — and tell you exactly what it means for your finances over the next five years.
I shop the full market for you
You've built a life in your home and leaving isn't the plan. But costs are rising, income is fixed, and you want more flexibility without uprooting everything.
You decide with confidence
Sometimes the best move is staying with your lender and negotiating better terms. Sometimes it is switching. I give you the honest comparison and let you make the call.
IS YOUR RENEWAL OFFER RIGHT FOR YOU?
Renewal situation regulary help clients with!
You received your renewal notice and want a second opinion before signing
Your financial situation has changed and you want to reassess your mortgage structure
You want to switch lenders at renewal to take advantage of better terms
You are considering moving to a shorter or longer term based on where rates are heading
You want to take equity out at renewal for renovations, debt consolidation, or a major purchase
You want to lock in a rate early before your renewal date arrives
You have a co-borrower you need to add or remove at renewal
Most common mortgage renewal questions that I get:
Do not see the answers you need. Book a free consultation to get all your questions answered.