When you’re approaching the end of your current mortgage term, you’ll get a phone call or letter from your bank offering a new rate for another term.

We suggest you don’t jump at their offer.

Lenders are notorious for offering uncompetitive rates at renewal.

In addition to looking for better rates for you, we’ll review your financial situation to make sure your mortgage is still the right one for you.

There are some costs for switching lenders at renewal but they are less than a purchase or a refinance. Sometimes the new lender will cover all or some of the costs involved.

Email or phone 780.721.4879 to see what makes sense for you.