Most Windsor/Essex and Ontario homeowners stay with their existing mortgage lender because they believe it is too time consuming to get a better mortgage rate. We can do better!
If your mortgage renewal is fast approaching, then now is a great time to look at the many excellent options and competitive mortgage lending rates available to you.
Lenders will typically 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!
Maybe your mortgage needs have changed. This is the time to decide. For example, you may want to consolidate high interest debt in with your mortgage or you may want to tap some of your home equity for a renovation project? Or maybe you reconsidering a cottage or vacation property up north? Are you confident you will get the best lending rate at renewal?
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 significant negotiating power behind finding the best mortgage to fit your specific situation.