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Switching My Mortgage
What
Should I do on my Renewal date?
When you are 60 to 90 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 the RSP season upon us you should now 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!
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