Mortgage Renewals

Your mortgage renewal allows you to change the terms of your mortgage. You can renegotiate everything related to your mortgage, including your amortization, interest rate and loan term, without incurring any fees. You can also use this opportunity to incorporate existing debts into your new mortgage to simplify your repayments, pay less interest, or increase available equity for large projects and new investments.

While many homeowners make changes to their mortgages upon renewal, many homeowners stick with the same lender and fail to negotiate new terms at all. This almost always costs you more money. It is very important to have a broker in your corner to ensure that you are always well represented.