Start Your New Mortgage Term Off The Right Way
Tips For Renewing Your Mortgage When your mortgage term ends, you have a few options in front of you. What you do may affect how much you are required to give per payment, among other conditions. At the end of your mortgage term, it can feel tempting to sign the renewal document without giving it […]
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What Happens If Your Mortgage Renewal is Denied?
Tips to Help You Navigate Declined Mortgage Renewal Applications All across Canada, homeowners are faced with a daunting reality each year—their mortgage renewal. For many, the not-so-simple process of qualifying for a renewal is stressful. But stress takes on a whole new form when your renewal application is declined. So what’s next? While it is […]
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Does Renewing a Mortgage Early Cost or Save You Money?
TL;DR: Renewing your mortgage early can save you money if interest rates are rising—but locking in too soon or without comparing rates could cost you more in the long run. This guide breaks down when early renewal makes sense, what to watch out for (like penalties and missed savings), and how to get the best […]
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Mortgage Renewal Tips
Tips for Finding the Best Mortgage Before It’s Time for Renewal Often, when a mortgage term is up, many Canadians automatically renew instead of looking for a better deal. Ottawa mortgages are no different, as renewal often seems like an easier option. If your financial situation has changed, you might want to look at your […]
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