Are you sleepwalking through your mortgage renewal?
October 3, 2013 | Posted by: Donna Morrison
Given the financial commitment of a mortgage, it's surprising that 44% of Canadian homeowners either just accept whatever their lender offers at renewal, or don't even remembered how they renewed!
It's tempting to just sleepwalk through the mortgage renewal process. But if you're not doing the slightest comparison shopping or negotiating, then you're missing out on an opportunity to save thousands on your mortgage. When your lender sends you a letter saying it's time to renew... what they really mean is that it's time to get advice. Professional, independent advice.
Get an expert second opinion on what you're being offered. We'll take a look, and compare it to what we can find out there as an alternative among the 50 or more lenders we have access to.
Got a mortgage renwal coming up in the next 6 months? Let's start talking!