Renewals
Congratulations on your maturing mortgage… Now let me help you get a better rate!
Don't leave money on the table!
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Accepting your lender’s renewal notice may be leaving money on the table!
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If your mortgage renewal is coming up, now may be a great time to look at the other mortgage options and competitive rates that are available.
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Lenders send out renewal forms 4 – 6 months prior to a client’s renewal with about 70% of homeowners sending it back without asking any questions. In today’s busy world, signing the renewal can be the easiest but not the best route.
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As with every mortgage we provide, you’ll get at least 3 new mortgage bids from various lenders to compete on mortgage rate, options and mortgage flexibility.
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Driven West Mortgages is one of the best mortgage brokers in BC. Get in touch with us today so we can show you why.
Should I break my mortgage?
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Ask the expert before you go breaking your mortgage…
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It may not always be in your interest to break your mortgage. Many mortgages have a small (or large) penalty to fully payoff the mortgage before the end of your term. This penalty may or may not outweigh the interest benefit from getting a new mortgage.
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Accurately calculating the total costs and comparing between breaking your mortgage and refinancing a new mortgage or keeping your mortgage as is, can be complicated. Rest assured, we have the expertise to help you through the decision-making process and help you understand why one option may be better than the other.
