CANADIAN MORTGAGE RENEWAL

Under Standing Your Options at Mortgage Renewal

Just like an annual financial plan you should review your mortgage on a regular basis. When your mortgage is up for renewal it is the ideal time to re-assess and re-examine your financial situation. We are available to answer any of your questions or concerns and help you choose the options that best suit you.

If your mortgage is coming due for renewal give us a call and we will shop your mortgage for the best possible rate. Most of our lending institutions will hold the rate for 90 to 120 days before the renewal date. This allows you to lock in a rate to ensure it will not go up before renewal time. The vast majority of people will simply accept the rate their bank is offering them at the time of renewal thinking it is easier and less hassle. We can find a more competitive rate and it only takes a phone call or a few minutes to fill out the online mortgage application.

Early Renewals

With today's low interest rates your mortgage may be costing you more than it should! It might be beneficial and cost effective for you to payout you’re existing mortgage and secure approval for a lower rate. This could save you thousands of dollars over the remaining term.










www.mymortgage.ca

PHONE: 1.866.509.1090
FAX: 1.866.392.3672

Head Office
Unit 207, 4603 Varsity Drive NW

Calgary, AB. T3A 2V7

Today's BEST Rate:
2.05%

Canadian
Mortgage Rates

Term Rate (%)
as of Sep 4, 2010

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