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Jim Cook, AMP, MBA, Broker



the best mortgage solution for you

My mortgage is up for renewal, what now?

With a mortgage renewal, you have a choice.

Stay with your current lender or switch to a new lender.

If you stay with your current lender, if may take a couple phone calls and a signature and your mortgage renewal will be complete.

If you elect to switch lenders for better terms or better people, then you have to re-qualify with the new lender.  It will take a little admin time to pull together the employment letter, paystubs and complete a new application – but the savings can be worth it!

Renewal is also the time to consider whether to include other debts into your mortgage – when your “mortgage free” date is and how you are going to get there.

Your mortgage is also fully open at renewal so you can make a lump sum payment without restrictions or penalties if that fits with your plan.

And if you don’t have a plan – we should be your next phone call.

Contact Us.  Make sure your current lender is competitive.  And explore your options while everything is flexible.

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Contact Info

Jim Cook, MBA, AMP, Broker
855 Queen St.
Kincardine, On N2Z 2Y2
T. 519-396-6800

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