Randy Kazemir, Accredited Mortgage Professional

Renewal

Don't sign your mortgage renewal until you consider all your options!!
 

Is your mortgage coming up for renewal?



Don't be too quick to sign that mortgage renewal letter.
The big banks typically send out your renewal notice 30 days prior to your renewal date.

• This doesn't give you much time to shop around
• You feel pressured to just sign it and get it done.
• They usually don't quote you the best rate.
• The will not guarantee you a rate for more than 30 days.

As a TMG Mortgage Professional my job is to give my clients advice and strategies, with regards to mortgage financing that can save them money and find the best options to suit their needs.

Most of the time it works to your advantage to plan on moving your mortgage to another lender at renewal time, and start planning this strategy 4 months prior to renewal.

Here are the benefits...
I can lock in a competitive rate with select lenders 4 months in advance.
If rates go up, don't worry, you are guaranteed the locked in rate
If rates go down, you receive the lower rate.
All you have to do is agree to move the mortgage to the new lender at renewal.

To summarize the advantage of this strategy:
You lock in at a competitive rate 3-4 months before renewal.
If rates go up, you are protected.
If rates go down you get the lower rate.

Before you sign your mortgage renewal, be sure you do in fact get the best mortgage possible.
Contact me today and we'll review your current situation and ensure you get the best rate and terms available.