Mortgage Renewals

Author: Leanne Gould Mortgage Broker |

When it comes time to renew a mortgage most homeowners simply sign the lender's renewal without a second thought, which can cost you thousands of extra dollars. Renewal time is the best time to shop around for better rates or options that work for you. Do not wait until the maturity date to speak to a mortgage broker as it takes some time to obtain the required documents to give you the best advice possible. A good rule to follow is 6 to 9

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