If you are planning to renew your mortgage at your current lender, you may be leaving money on the table. Lenders always provide you with uncompetitive rates on the first go and generally won’t give you their best rates upon renewal. Your current lender *may* provide you with their best interest rates if you provide them with a rate approval from a different lender. Contact Pinsky Mortgages to see if we can get you a better rate! Bring in your renewal notice showing your offered interested rate and we will do our best to beat it.
Alternatively, you may want a new mortgage product upon renewal. We will also work with you to choose a mortgage that suits your future goals. Maybe this time you would like to add a Home Equity Line of Credit, look at reducing monthly payments, or need a more flexible product in case you want to sell and purchase a new home in the future. Please don’t hesitate to contact us about your housing and home financing goals for a full review.
For more information about renewals, please see our Renewals section on the Mortgage Resources page.