Early Renewal?

 

When your mortgage term is coming to an end, do not simply "early renew" with what your lender offers you. Explore your options. 

Things to think about when your mortgage is up for renewal:

1.  Do you have any high interest credit cards or loans you would like to roll into your           mortgage?

2.  Can you qualify for a re-advanceable mortgage? Not sure what this is? Ask me               today!

3.  How long are you planning on staying in your existing home? Why sign for a 5-year        term when you might move in the next 2-3 years?

4.  How does your existing lender calculate mortgage penalties?

5.  No matter what, you have time, so don't succumb to bank pressure.

     Why be restricted to the banks products when a mortgage broker has

     access to many lenders products.

If you have any mortgage questions please feel free to call me to discuss the options  available to you. You never know unless you ask.

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