Time to renew your mortgage?
If you’re like most of us, you’d rather not think about it, but there’s a lot to consider when it comes to renewing your mortgage. Our experienced Mortgage Specialists work with you to find the best to fit to meet your specific needs.
Don’t rush it. Start looking into options six months in advance, so you don’t make a hasty decision. Your mortgage will be with you for a while, make sure it fits your budget and lifestyle.
What do you want? Take time to think about what YOU want out of your next mortgage. Interest rates are an important factor, but they’re not the only one.
You’ll also want to think about:
- Recent or upcoming changes in your financial situation.
- How long you plan to stay in your current home.
- Economic and interest rate trends.
- Any updates or renovations you want or need to make.
Don’t make assumptions – Mortgage products change regularly, so don’t assume you can renew your mortgage with the same terms and conditions you have now. If it’s been a few years since you took out your mortgage, your options may have changed, as well as what you need!
Talk to a specialist – There’s lots to consider when renewing and our friendly, professional staff can make it little less stressful. Make an appointment with a Mortgage Specialist as soon as you get your renewal notice, if not sooner.
Call 1-877-WESTOBA or make an appointment. We’ll guide you through the options and help you select a mortgage that fits your budget and gets you mortgage free faster!