Your mortgage term is up for renewal. Now, what? You could continue paying the same amount with your current lender... Or you could explore your options, and look for opportunities to save money on your mortgage. The best part is: you don't have to do any research or crunch any numbers. As your mortgage broker, we'll do it on your behalf, at no extra cost to you.
Here's just a few benefits of switching your mortgage lender:
Obtain A Lower Mortgage Rate: Switching mortgage lenders can result in a lower interest rate, potentially reducing the amount of money paid in interest over the life of the loan.
Secure Better Terms & Conditions: A new lender may offer more flexible loan terms, such as a shorter term or a change in loan type, that better meet the borrower's needs.
Increased Home Equity: Switching to a lender that offers better interest rates can result in increased home equity, allowing borrowers to build wealth over time.
No Penalty for Early Repayment: Some mortgage lenders may not penalize borrowers for early repayment, allowing them to pay off the loan quicker without incurring additional fees.
It's our top priority to get you the best mortgage product for your personal needs. We always start with a thorough analysis. From here, we present all of your options, along with our professional recommendations and advice, so you can feel confident in making the right decision for your financial situation.
At CVE Mortgage Group, we help clients save more money by finding the financing solution that works best for your situation, and we can almost always beat the rates offered by the big banks.
When it comes to your mortgage, it's easy to fall into autopilot. You continue to chip away at your monthly payments, and when your 5-year term is up, you renew without thinking twice about it.
If this sounds familiar, then you're probably leaving money on the table.
This is the perfect opportunity to secure a lower mortgage rate so that you can pay down your mortgage sooner, without having to pay unnecessary costs.
Switching mortgage lenders can bring many benefits to homeowners looking to improve their financial situation and save money in the long run. Some key factors to consider when switching lenders include lower interest rates, better loan terms, and access to more flexible payment options.
Here's a few item's we'll need to help secure a better rate:
At CVE Mortgage, ensuring you find the optimal mortgage solution to fit your specific circumstances is our number one priority. With our expert recommendations and guidance, you'll be able to make an informed decision that aligns with your financial goals.
Make the switch today, and contact us to get started