Renewal Mortgage Solutions

When your mortgage term comes to an end, it’s time to renegotiate and renew. A mortgage renewal is your opportunity to reassess your financial goals and ensure you’re getting the best terms and rates available. At iMortgageBroker we specialize in helping homeowners like you make informed decisions about renewing their mortgages.

A renewal mortgage occurs when your current mortgage term ends, and a new loan with new terms are negotiated with same or a different lender while continuing to pay off the remaining balance.  When you move your mortgage to a new lender it is called a Transfer Switch Mortgage. 

We will help you find and negotiate the perfect mortgage to match your specific needs, preferences and custom requirements, and on top of that we will ensure that you get the best deal and lowest rate right up to your maturity date.

What to Consider at Your Renewal

  1. Access Better Rates
    Interest rates change over time. We’ll help you find the most competitive rate to lower your costs.
  2. Adjust Your Mortgage Terms
    Need more flexibility? You can switch between fixed or variable rates or adjust your payment frequency to suit your lifestyle.
  3. Consolidate Debt or Access Equity
    Consider refinancing during renewal to consolidate high-interest debts or unlock your home’s equity for renovations, investments or other considerations.
  4. Align with Your Financial Goals
    Whether you’re aiming to pay off your mortgage faster or reduce monthly payments, renewing is the perfect time to re-evaluate your plan.

 

How We Help

  1. Review Your Current Financial, Mortgage & Real Estate
    We’ll analyze your finances plans and goals, your existing mortgage and real estate needs to identify opportunities for savings or improved terms, and to ensure you have the right insight to make smart decisions.
  2. Explore Your Options
    With access to Canada’s leading lenders, we’ll find the best renewal rates and terms that align with your needs and goals.
  3. Negotiate on Your Behalf
    We’ll negotiate with lenders on your behalf to secure the most favourable terms for your mortgage renewal, and help you secure lower rates for long-term financial benefit.
  4. Simplify the Process
    From paperwork to closing, we’ll handle the details so you can renew with confidence, convenience and ease.

Whether you are considering consolidating debt, increasing your financial flexibility or securing lower rates for more cost savings – we are her to ensure a seamless renewal process. Contact us today!