Why Renew Your Mortgage?

Mortgage renewal is a process you have to pay attention to. You can lose or save thousands of dollars. You will definitely benefit from a "responsible renewal".

Most lenders (e.g., banks) send out their mortgage renewal notices offering existing clients their posted interest rates. The rate you are being offered is usually not the best.

If your mortgage is coming up for renewal, please do NOT sign on the dotted line quickly and send it back to the lender. Over 70% of bank customers do just that resulting in a higher rate and a mortgage product that might not be best suited to their needs and situation.

You should spend your own time to shop around or work with Valueland before your mortgage matures up to four months before your renewal date. Valueland's lenders will often guarantee an interest rate to you for as long as 120 days before your mortgage matures. And, if your mortgage is transferable, lenders will usually cover the costs of transferring your mortgage too.

So, call Valueland today to investigate the possibility of a lower interest rate mortgage.

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