Let me help you get a better renewal.
Many Canadians renew their mortgage with the same lender because they believe it's too time consuming to shop around - or think their existing bank's offer is the best deal available.
This isn't necessarily true. Your lender may not be updated with your current situation and financial needs. Your needs could change if you plan to do any of the following in the future:
- Sell your home
- Take out equity from your home
- Pay off your mortgage
- Buy a new property
If you are in a product that doesn't fit your needs, this could lead to higher penalties and fees in the future. Contact me at your renewal to make sure you have a product that matches your future needs.