Your mortgage renewal is too important to simply sign and send back. Failing to review your options can cost you thousands of dollars over time, yet nearly 60% of borrowers accept their lender’s first offer without shopping around for a better rate.
When your mortgage comes up for renewal, don’t assume your lender’s first offer is your best option.
Simply signing the renewal without comparing rates and terms could cost you thousands of dollars over the life of your mortgage. Your renewal is an opportunity to review what’s available, negotiate, and make sure your mortgage still fits your financial goals.
I recommend starting the process about 4 to 6 months before your current term expires. Waiting for your lender’s renewal letter can leave you with very little time to explore other options or move your mortgage to another lender.
That’s where I can help.
Before your renewal date arrives, I can review your existing mortgage, compare available rates and products from multiple lenders, and help you determine whether staying with your current lender or switching makes more sense.
Your mortgage is likely one of your largest financial commitments. Taking the time to properly review your renewal could result in significant savings and better mortgage terms.
Don’t just sign the renewal offer. Let’s make lenders compete for your business.
As always contact Vlad Khazov – 403-594-1255 or Vlad@VladKhazov.com