Mortgage Renewal
While most Canadians spend a lot of time, and expend a lot of effort, in shopping for an initial mortgage, the same is generally not the case when looking at mortgage term renewals.
Costly Mistakes in Mortgage Renewals
By omitting proper consideration at the time of renewal, this practice costs Canadian citizens thousands of extra dollars every year. Nearly 60% of borrowers simply sign and send back their renewal that is first offered to them by their lender without ever shopping around for a more favourable interest rate.
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Smart Renewal Strategies for Savings
Discover why settling for the market rate on mortgage renewal without negotiation can unnecessarily drain your finances. Learn the key steps to save money on your mortgage by exploring alternative offers.
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Time Your Renewal Right for Savings
Let Pros Shop Your Mortgage Renewal
Learn the strategic advantage of starting your mortgage renewal search four to six months before your current term expires. Uncover the pitfalls of relying solely on your lender's renewal letter timing and gain insights into securing a favorable mortgage term.
Maximize Savings: Shop Mortgage Renewals
Your mortgage is a significant expense, and settling for the first renewal offer could cost you more than you realize. Find out how using the services of a licensed CCFS mortgage professional can ensure lenders compete for your business, potentially saving you substantial amounts over the life of your mortgage loan.
Take control of your mortgage renewal process by having a licensed mortgage professional shop around for you. Explore the surprising benefits and potential savings that come with proactive mortgage renewal strategies.