Mortgage Renewals Red Deer
Mortgage Renewals in Red Deer
Bringing on a trusted mortgage broker is a good step to do at the time of your mortgage renewal.
Brokers are not only searching and providing the best rate options for new home purchases, they are a great asset to have on your side to make sure you get the best rate at renewal. Oddly enough, many people don’t use them. Which is a shame because you will probably not get the best rate at renewal. This is because most people don’t want the hassle of shopping around again and having to go through the whole application process. The latest stats show that approximately 60% of home owners simply agree to whatever the renewal rate is that is offered to them.
A mortgage broker can handle all of the details. We can find you the best rate options, which you may not be aware of. And we can assist you throughout the application process. The benefit of allowing us to work for you is savings. Significant savings over the next term of your mortgage. And who doesn’t want to save money!
It's a good idea to get in touch with a Mortgage Broker about 3 or 4 months prior to the renewal date. That gives us lots of time to dig in and find you the best rate with all of our lenders. We can start the approval process with a new lender at that time as well. When the time comes up to do the renewal, you know that we have your best interest in mind and are here to support you during the renewal process.
Let us help you explore your options before you sign on the bottom line, locking you in for another term.
Other lenders want your business! When you know your mortgage is coming up for renewal, reach out to us. Let us show you what we can find for you!