Switching My Mortgage

What Should I do on my Renewal date?

When you are 90 to 120 days from your renewal date, please give us a call. Does your current lender provide you the best deal? Does your current lender have the best mortgage features that will meet your future needs? Are you looking for a shorter or longer-term mortgage that your current lender isn't offering? Are you thinking of a refinance or selling your house and need some help calculating the figures? We can help you and guide you through the renewal process.

Monthly Tip

With your RRSP you can start planning your contribution and how you can pay your mortgage down at the same time. One of the best financial choices you can make is to pay down your mortgage with the refund you get from your tax return. So assume you make a $5000 contribution and you receive a $2000 refund. If you took that refund and pre paid your mortgage by $2000 you will have saved approximately $10,000 over time with interest savings and tax savings combined. Many experts agree its one of the best financial moves you could make each year. Go for it and good luck