Congratulations on your maturing mortgage...now let me help you get a better rate!
If your mortgage renewal is fast approaching then you’ll soon be at an important financial milestone. Now's a great time to look at the many innovative options and competitive rates available. Lenders send out renewal forms just prior to renewal dates to those with good payment histories, with about 70% of homeowners sending it back without asking any questions! In today’s hectic world, that can be the easiest and best route, but you should ask yourself some questions before you sign on the dotted line. This is an important moment of opportunity.
The best practise is to contact your mortgage broker 120 days before your mortgage mature. Broker can get your best rate on a market, and in case rates are going up, you will stil get lower rate.
Having multiple lenders compete for your business is a great way to ensure you get the best rate for your situation. I deal with multiple lending institutions, including major banks, credit unions, trusts and other national and regional lenders, which means I can put significant negotiating power behind finding the best mortgage to fit your specific situation.