There can be multiple advantages to renewing your mortgage early. A Broker One / Broker One / RMA / RMAI / RMAI agent can help you decide whether it would be best to stay with your same lender or choose a new lender.
Early renewal features typically let you lock in a new rate two to four months ahead of when your mortgage is due to mature. Sometimes there are contractual specifications, or benefits, to renewing your mortgage early.
Renewal time is an opportunity to review your current financial situation. A Broker One / RMA / RMAI mortgage agent can help you make sure you select the right mortgage options for your particular financial goals.
Contact us today! Let’s talk about your mortgage renewal options.