A mortgage is a contract with a lender, the contract is valid for a designated time frame known as the mortgage term, which can vary from a few months to five years or more.

At the end of each mortgage term, you must renew your mortgage, unless you decide to pay off the balance in its entirety.

By working with us, you can prompt lenders to compete for your business, just as we do when negotiating any mortgage.

Over the course of a mortgage term, various circumstances can change, and you may overlook potential savings and alternative options if you renew your mortgage with your current lender without consulting your mortgage agent. That’s why it is in your best interest to consult with your mortgage agent.