Mortgage Renewal

 

Browne Mortgages + More can help you with your Mortgage Renewal

 

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Renewing Your Mortgage?

This Mistake Could Cost You Thousands.

Abbotsford, BC - Did you know that when it comes to mortgage renewals, 2 out of 3 Canadians sign renewal papers without exploring their options?

Did you also know that by doing this, you are likely to receive an interested rate 0.4% - 0.7% greater, compared to what other financial institutions would offer you?

In today’s market 0.4% - 0.7% on an average mortgage can quickly convert into thousands of dollars.

A mortgage renewal is THE simplest mortgage transaction in comparison to any other, so why sign blindly?

Signing your renewal papers without shopping around is the most common mistake we as Canadians make and a lot of the time it’s not even our own fault, we simply don’t know any better.

Your existing lender has been contacting you for months prior to your maturity date, reminding you that your renewal is coming up. What they’re not telling you is that most of the time, they’re not offering you the best mortgage rate and product.

Here is something we want you to ask yourself, would you purchase a car without doing any research? Would you pay thousands of dollars more because it’s easier to go to one dealership rather than seeing what other dealerships are willing to offer you? We’re going to take a wild guess and assume your answer would be “no”.

There is little to no difference with your mortgage.

Most of us have worked very hard to achieve home-ownership and for many, it’s the largest financial investment we make in a lifetime, our team understands this.

With interest rates slowly creeping up and complicated lending rules, it’s more important now than ever to work with a mortgage professional to help you seek out the best option for you and your family.

Your mortgage renewal is the perfect opportunity to re-evaluate your financial goals. Contact our team today for a complimentary mortgage consultation.
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