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This process of renewal starts few months before the end of each term. You are contacted by your lenders for renewing your mortgage.
By this time you are in a stronger financial position as compared to when you got mortgage first time. So you are in a good position to negotiate. Your home equity grows over a period of time and by decreasing your principal loan balance. However, some people prefer to sign mortgage renewal with their existing lender without trying to get a good deal on the new mortgage. This results in a higher rate.
We recommend that before signing renewals Please contact us as it is quite possible that our experienced mortgage professionals can try to get you better rates than your existing lender.
Just fill in this short application form and we will help you find the best rate and terms for your mortgage renewal.

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Saturday, February 27, 2021

* Mortgage interest rates are subject to change without notice at any time. E.&O.E., O.A.C. Although every attempt is made to ensure the accuracy of our website, the above mortgage information should only be used as a guideline. J D Mortgages recommends that you consult our mortgage broker before making a decision. If you have any mortgage related questions, speak to one of our mortgage specialists, please call 905 913 0059 or e-mail us at Note: Posted rates are for residential mortgages only. Commercial mortgage rates may be higher.

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