Is your mortgage up for renewal? Do you want to be sure you are getting the absolute best mortgage rate in the market today, the rate you deserve? Call or message us and mortgage broker at Lifeline Financial will get the best the market has to offer.
Mortgage broker at Lifeline Financial also provides debt consolidation, credit repair services across North York, Scarborough, Mississauga, Brampton, Vaughan, Markham, and Toronto.
Generally, mortgage products in Canada have a term of one up to ten years. Most Canadians sign up for a 5-year term when they first sign up for a mortgage? This means that the mortgage comes due for renewal every five years. Mortgage renewal affords you the opportunity to seek a better rate without paying a penalty if your current mortgagee is not offering you a good rate.
As a mortgagor, you should start searching for a better rate, at least 4 months prior to your renewal date.
If you are due for renewal, contact Lifeline Financial to review your options.
Use the mortgage calculator provided online by Lifeline Financial.