Mortgage Renewal – Your Perfect Chance to Get Out!
Mortgage renewal might be your chance to get out of an awful mortgage plan you chose years ago. Most people do not put half as much effort in their mortgage renewal as they did whilehome purchase. A trend we wish to change here at Gurmit.ca.
More than 50% of Canadians do not bother to shop around for better rates at the time of renewal. They merely sign the old deal and send it back to the original lender. This mistake costs Canadians thousands of additional dollars.
Call us to discover new mortgage rates and other renewal options TODAY.
Start Looking For Good Renewal Rates Before Mortgage Expires
About four months before your existing mortgage expires you should start looking around for a new and better term. Some lenders will send you renewals six months in advance and try to lock you in, while other Lenders tend to wait until the last minute to send out the reminder that your term expires soon. By then, you are disadvantaged and not given enough time to search for a better rate. In order to stay ahead, you should be following your mortgage’s lifespan and be aware of when it expires. This tells you the proper time to start looking for good renewal rate.
Negotiation is Necessary
You must not agree on first rate offered by your existing lender without prior negotiation. Homeowner can bear a lot of financial loss for mortgage renewal as they easily agree to sign up for market rate renewal.
New Mortgage Rates and Renewal Options will Leave You Surprised!
120-day Early Mortgage Renewal Option
If the rates are good today, you can lock them with mortgage renewal deal 120 days before the end of your term. And what’s exciting is the zero switch penalty that further saves you hundreds of dollars.
Why Choose Mortgage Professionals
Our Mortgage Professionals are experts in the field and are very knowledgeable the various products offered by different lenders. They know how to find a mortgage product that best suits your needs.At, Dominion Lending Centers, we provide you the best possible mortgage rates before the mortgage term expires.
Before you even hear from your lender about renewing your mortgage term, have a licensed mortgage professional shop around for you. You will be amazed at what they can accomplish on your behalf!
At Least Know What You Are missing Out! Ask Today for Mortgage Renewal Options!
Why spend more on your mortgage. Shopping around for a better rate can save you a considerable amount of money.
Having a licensed mortgage professional do the shopping and comparing for you long before your lender mentions the word – renewal, will save your time and money. Contact us here at ‘Dominion Lending Centres’ to help you find the most suitable Canadian mortgage rates for you.