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Mortgage Alliance Service1 Mortgage & Finance Team
Mortgage Alliance Service1 Mortgage & Finance Team
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      • Mortgage Renewal
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      • Debt Consolidation
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Mortgage Renewals

Mortgage Renewals

Your in the Drivers Seat. Let's Shop Around!

For Mortgage Renewals, you are in a much stronger financial  position then you were when you first signed. Your home equity grows  over a period of time and by decreasing your principal loan balance, you  are in a good position to negotiate. However, many prefer to just sign  their existing agent’s mortgage renewal form without trying to get a  good deal on the new. This results in a higher rate and a  mortgage package that does not cater to your individual needs. 


 With every mortgage renewal comes the opportunity to reflect and assess  your mortgage needs. Whether your term is 6 months or 10 years, if you  qualify, your lender will mail your mortgage renewal agreement 30 days  prior to maturity. At this time contact a mortgage broker to discuss  your renewal options. 


 Follow these simple steps to make sure you secure the mortgage renewal that’s right for you: 


1. Start early
Did  you know that you can renew your mortgage as early as 120 days in  advance? As a valued mortgage customer, you may be eligible for the  early renewal offer. This offer allows you to lock your mortgage in at  current rates and renew early without paying a prepayment charge, if you  select a closed mortgage product with a term of 3 years or more.

2. Consult a mortgage agent
They’ll make sure you have the latest product and mortgage information to help you make a final decision.

3. Renew at maturity
 Many people wait for their mortgage to reach maturity before thinking  about their mortgage renewal. If this is the case for you, we will offer  you the lowest rate within the last 30 days of your mortgage term if  you choose a fixed rate mortgage. This way if rates increase you are  protected during the mortgage renewal process.

If  your renewing your mortgage, it’s a great time to talk to your  agent to find out your options. You will not have to pay legal fees to  simply move your mortgage to another lender. The new lender will cover  the cost of the doing the legal paperwork for you.

There  are other benefits to an upcoming mortgage renewal. A few small changes  to your mortgage can have a big impact on your finances or the length  of your mortgage repayment period. You never want to set up your  mortgage, leave it for the entire term, and blindly renew your mortgage  because you got the renewal letter in the mail. Your mortgage is a huge  debt and should be managed well, so you can reduce it as fast as  possible.

Call me today for the best options, i service Chatham-Kent, Sarnia, London, Windsor and everything in between.

Let's Get Started!

To Speak directly about your specific situation and requirements, please contact me directly.   Alternatively, you can get the ball rolling by applying directly here on our website.  Please enter as much information as you can, agree to the terms and send.  It comes to me directly giving me the opportunity to review and have a more informed discussion with you.  The application process also provides us with a "soft touch" of your credit bureau without affecting your rating but allowing us to paint a better picture of your specific situation. Download our "MOPOLO" App here  which provides access to Mortgage Alliances many tools including creating your profile, Credit applications, current mortgage rates, financial calculators, know your credit score every month, and important updates on the market.    

Contact Us Now!

ChathamCopyright © 2018 Mortgage Alliance / Jim Paisiovich  All Rights Reserved.  

Chatham: 234 Queen Street, N7M 2H1 / London: 561 Southdale Road E, N6E 3M7

Mortgage Alliance Head Office:  2005-200 Sheppard Ave. E. Toronto, ON M2J 5B4 | Lic. 10530 | Toll Free: 877.366.3487 


  • Home
  • About Mortgage Alliance
  • Privacy Policy
  • 1st Time Home Buyers
  • Mortgage Pre-Approval
  • Mortgage Renewal
  • Investment Properties
  • Vacation Home
  • Contruction Mortgages
  • Private Mortgages & Loans
  • Rent To Own Program
  • Creditor Insurance
  • Home and Auto Insurance
  • CONTACT