Is Your Mortgage Coming Up for Renewal?

1. Renew at the existing lender

2. Switch to a new lender that is offering a lower rate

3. Increase your mortgage to pull out equity (cash) out to:   

      3a. Consolidate debts

      3b. Do renovations

      3c. Purchase a rental property   

      3d. Purchase a new primary residence.

4. Decrease (pay down) your mortgage if you have the extra cash on hand

5. Set up a home equity line of credit

6. Set up a re-advanceable mortgage

7. Sell the house and escape the mortgage payout penalty

Please let me know if you have questions about any of these.