The mortgage renewal process seems self-explanatory: receive some paperwork in the mail from your lender and your loan will simply be renewed for another term. Don’t make this mistake! Your mortgage renewal is not a pre-set transaction – it’s an opportunity for you to obtain something better.
Perhaps your last mortgage wasn’t secured through an A Lender. Or maybe you weren’t approved with the lender you really wanted. What are the best mortgage renewal rates in Canada today? Now that you’ve made a number of mortgage payments without defaulting through your term, you’re in an excellent position to obtain a better mortgage at a better rate with a better lender.
Second only to the level of service you receive from us throughout your mortgage renewal process, our top priority at 8Twelve Mortgage is making sure your deal is perfect. When you choose 8T to renew your mortgage, you gain access to:
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Your mortgage is up for renewal and you want to explore your options.
You’re doing yourself a disservice by simply renewing your mortgage with your existing lender and all the same terms. Every time your mortgage is up for renewal, it’s an opportunity to negotiate a better deal – and that means addressing your interest rate, amortization, term, prepayment capabilities and more.
Clicking the link below to tell us about you and your existing mortgage. From here, we work collaboratively with you to gather all the information we need, and shop your deal to make sure we secure the best possible mortgage for you – according to your needs today. Â