Is your Toronto mortgage coming up for renewal within 120 days?
Lenders used to send out renewal notices for their clients months in advance – that was the past as banks and other lenders realized the cost of this was clearly not in their best interest. Now, you are lucky to get a notice with rates and options 3 weeks in advance. This is clearly not in the best interest of the client especially if rates are going up as the time approaches for your renewal.
I can lock in and guarantee a rate for you 120 days prior to your maturity and have all the paperwork completed long before your renewal date. This will let you know exactly where you stand with your rate and will give you another tool to save money in the long run by hedging your interest rate risk with this 120 day rate guarantee. Put money back into your own pockets – not the banks.
Of course, if rates drop before your renewal you can be rest assured that the benefit of that drop will go directly to you. Your interests will always be served.
Is your mortgage coming up for renewal after 120 days?
Contact me to register your renewal (maturity date) even if it is longer than 120 days from today. I will diarize to contact you at the 120 day prior to maturity mark and start the process of guaranteeing the best rate and deal long before a renewal letter is sent from your bank. We can have the paperwork completed prior to maturity and keep more money in your pocket instead of the bank.