Is Your Mortgage Coming Up For Renewal?

Are you aware of when your mortgage is coming up for renewal?  If not, it is a good idea to find out when it is.  If you’re like most Canadians, it’s something that we would like to forget, or keep in the back of your mind.  With the ability of having automatic payments for our mortgage and taxes taken care of for us, there are more important things to think about right?  Work, family, personal health, and life in general, these days it’s not an easy task juggling all these responsibilities, and it is so much easier to put our mortgage in the back of our minds as we’ve set it up to take care of itself right? Wrong!!

Did you know that 78% of Canadians automatically renew their mortgage with their existing lender because they think that is the only option available to them?  Based on this, do you think that your lender is going to offer you the best possible offer available in the market?

Did you know that if the value of your home increased during the term of your mortgage that you may have incurred equity that you maybe able to access for renovations to your home?  Or how about paying off high interest credit cards or loans?  With mortgage rates at historic lows you could save money and stress by adding it to your mortgage principal at a low interest rate.

By working with us as your Mortgage Broker’s, we have the knowledge to review your current mortgage and your financial situation and help you build a plan for your next mortgage term that best works with your overall financial planning, no matter what stage of life you may be in.

Did you know that we have access to many lenders that would love to work with you as a client at lower rates without you having to pay any penalty fees or transfer fees?

We will also take the responsibility of reminding you of your upcoming mortgage renewal!  We will contact you a minimum of 120 days prior so that we can look at what the market is doing and what is available and if there is a good opportunity for you we can lock in your the preferential rates.

As your mortgage professional we are passionate about advising you on what options are available- giving you knowledge, advice and choice. With the Mortgage Sisters West we respect you the same as we would our friend or family member, helping you along the way with your mortgage renewal. Call us anytime, we would love to sit down with you over a coffee or tea and answer any questions that you may have.