mortgage renewal

Before you sign that mortgage renewal offer, think carefully about your options. 

With each mortgage renewal comes the opportunity to assess your current mortgage and compare it to any new financial goals you may have. Maybe your mortgage needs have changed. 

Your current mortgage provider will send you a renewal slip in the mail that you could easily sign and send back. In fact, about 70% of homeowners sending it back without asking any questions.

A a lot can happen throughout your current mortgage term. Your financial goals at the beginning of your current mortgage term may no longer match up with your goals today. 

You need to consider changes in income (have you retired? Have you received a raised or has your income gone down?), family structure (new addition to the family, becoming an empty nester? ), more debt to pay off?  Want to buy a vacation home?  

Whatever your needs are, make sure you consider them when choosing a mortgage rate, term and product.

I have access to multiple lending institutions, including major banks, credit unions, trust companies and other national and regional lenders, which means I can put significant negotiating power behind finding the best mortgage to fit your specific situation. Having multiple lenders compete for your business is a great way to ensure you get the best rate for your situation.