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Renewals
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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.
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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.
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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.
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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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Thursday, November 14, 2024
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* 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 info@jdmortgages1.com
Note: Posted rates are for residential mortgages only. Commercial mortgage rates may be higher.
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