Renewing your mortgage is as important a financial decision as selecting your first one. You are in a stronger financial position as compared to where you were before when renewing your mortgage. Your home equity grows over a period of time and by decreasing your principal loan balance, you are in a good position to negotiate.
Many prefer to just sign their existing lenders mortgage renewal form without shopping around. Taking for granted that your existing lender has offered you the best rate available in the marketplace could cost you paying more in mortgage payments. Let us use our network of lenders to ensure you are not short changing yourself – there is no cost to transfer from one lender to the other at maturity!