Time to Renew your Mortgage?
Are you approaching the end of your current term and looking to renew your mortgage? Or maybe you just received a renewal notice in the mail from your current lender and are being offered a rate. It could be the best rate, but then again why not ask us and find out?
Renewing your mortgage with your current lender is a straightforward process that allows you to continue working with the lender you already know and trust. By bringing your renewal to Mortgage Suite, you have the advantage of our competitive rates and personalized service.
The Mortgage Renewal Process
To begin, you will need to gather some important information. This includes your mortgage account number, the current balance of your mortgage, and the value of your property. You will also need to provide proof of income and employment.
It’s also worth noting that you have the option to renegotiate the terms of your mortgage during the renewal process. This could include changing the amortization period, switching to a fixed or variable rate, or even increasing or decreasing your mortgage amount.
Once you have gathered all of the necessary information, you can start the renewal process by contacting one of our licensed mortgage professionals. They will be able to answer any questions you have and guide you through the process.
If our team cannot find you the rate you want, we will negotiate a better rate for you with your current mortgage provided free of charge. It’s what we do and what we believe in–lower rates.
Don’t wait until the last minute to renew your mortgage. Contact us today to start the process and secure a competitive rate for your mortgage.