Don’t Just Renew, Renegotiate
When your mortgage term is coming to an end, your current lender will send you a renewal offer. While it might seem easiest to simply sign and return it, doing so could cost you thousands of dollars over the life of your mortgage. Lenders often present existing clients with rates that are higher than what they offer new customers.
As your mortgage broker, we can do the shopping for you. We have access to dozens of lenders, including major banks, credit unions, and trust companies. We will compare the market and negotiate on your behalf to ensure you are getting the absolute best rate and terms available. Even a small difference in the interest rate can lead to significant savings.
Let us handle the negotiations. It costs you nothing and can save you a fortune. Contact us 3-4 months before your renewal date to start the process.