My Mortgage is Coming Up for Renewal. What Do I Need to Do?
You Have the Power in Your Mortgage Renewal
Did you know that when you're up for renewal you don't need to stay with your current lender? This is great news because you are in the power seat! Don’t just automatically renew with your current lender, you never have to feel like you’re “stuck” with the same terms or rate. Renewal time is a golden opportunity to review your current mortgage and explore other options for yourself that suit your future financial goals better. For example, you might want to pay off your mortgage faster, lower your monthly payments, or access equity from your home.
Your Mortgage Agents Role in Your Mortgage Renewal
During renewal it is my time to shine as your mortgage broker! I will shop around and find if there are better rates or terms available from different lenders. My goal is to negotiate the best rate for you that helps you achieve your financial goals.
My tips for you during renewal are as follows:
Make sure you have the required documentation easily accessible, such as proof of income, employment verification, and updated credit information.
Review your current mortgage terms to ensure if they still align with your goals.
If you are not satisfied with your current mortgage arrangement, it’s essential to pinpoint your new financial goals. We can then discuss what you're aiming for so we can find a mortgage solution that better aligns with your needs.
Remember, you’re in the driver's seat and I'm always here to assist you in reaching your goals.
Roza Rodrigues
Rosehill Mortgages
Mortgage Agent #M22001354