When your mortgage is up for renewal, it’s a good time to consider whether it still meets your current needs and aligns with your financial goals. There’s a good chance it doesn’t, and renewal is the ideal time to renegotiate with your current lender and explore alternate lenders.
To give yourself time, you’ll want to begin reviewing your situation and researching options about four months before your mortgage matures (the end of your current term). A mortgage broker can simplify this process and offer valuable guidance, and at Mortgage Winners, we prioritize educating and empowering our clients to make confident decisions.
When you work with our team, a broker will review your finances and discuss your plans for the future before offering expert advice on mortgage structure. Once you’re happy with their direction, your broker will then reach out to lenders to negotiate a mortgage solution tailored to meet your needs.