December 10th, 2012 @ // No Comments

Mortgage coming up for renewal, contact your mortgage broker before automatically signing and sending back the offer to your existing lender.

Mortgage renewal is a perfect time to re-evaluate your strategy for paying down your mortgage faster and reducing the total interest payable. Your mortgage broker is in an ideal position to provide you with suggestions and tips to help you reach your goal. They can advise you about the effects of putting money down to pay down the balance, or the impact of increasing the payments. Budget is too tight, what will happen if you reduce your payments? Your mortgage broker can run all these scenarios for you, providing you with the information you need to make an educated decision.

Your mortgage broker will be able to quote you the best mortgage rates being offered by a wide range of lenders and help you select the best mortgage for your unique situation.

Make contacting your mortgage broker your first step when the time comes to renew your mortgage.

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