If your mortgage holder sends you renewal papers, it does not mean you are required to sign them. These papers usually arrive about 4 months prior to the renewal date. This is a good time to reassess your personal financial situation and look into current interest rates as well as the costs of switching mortgage holders if you desire.
Has your income increased since the time the mortgage was last renewed? You may want to consider a mortgage with a higher payment so you can pay it off sooner. Have interest rates fallen? You may want to consider shopping around.
We can help you assess your current financial situation and help you renew your mortgage according to your needs.
Renewing your mortgage is your chance to renegotiate! It is important to get in touch and start conversations early so there is time to review your financial goals. Contact us today by clicking the button below.
Unit 1710 10448 University Dr. Surrey, BC
Contact:
Suki Bath , Realtor
604 726 2626
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