Your mortgage renewal is the single most powerful negotiating moment you'll have — and most Canadians leave money on the table by letting their existing lender auto-renew them. I shop every option at renewal to reduce your rate, restructure your term, and lower your payment.
Your current lender is betting you won't shop around. Here's what's usually on the table if you do.
Lenders often renew you at a posted rate well above what a new client — or a competing lender — would receive.
Breaking early has a cost, but it's frequently smaller than the interest you'd save. I run the real numbers before you decide.
Renewal is a natural point to roll high-interest debt into your mortgage without a separate refinance transaction.
At true maturity, moving to a new lender for a better rate typically costs you nothing.
I compare your current offer against the full market before your maturity date.
Send me your renewal letter and current mortgage details — no cost, no obligation.
I shop your file against 30+ lenders to see what rate and terms you actually qualify for.
You choose the best option, whether that's your current lender, a new one, or a restructured term.
Every option is compared against your current lender's renewal offer, not just presented in isolation.
Same lender, renegotiated rate based on current market conditions.
Simplest PathRoll high-interest credit cards or loans into your mortgage at renewal.
Cash Flow ReliefMove to a new lender for a better rate with no penalty at true maturity.
No PenaltyBreak your current term early when the interest savings outweigh the penalty.
Rate-DrivenBlend your existing rate with a new rate for an extended term, without a full break.
No Penalty OptionChange mortgage type at renewal based on your risk tolerance and the rate environment.
Strategy ReviewStart 4-6 months before your maturity date. This gives enough time to compare lenders and lock a rate before your renewal letter deadline.
No. At true maturity (the end of your term), you can switch lenders with no break penalty, though there may be minor legal and discharge fees.
It depends on the penalty versus the interest savings. I calculate both scenarios so you can see the real numbers before deciding.
It depends on your risk tolerance, the current rate environment, and how long you plan to stay in the mortgage. I walk through both scenarios with you.
It varies by mortgage size and rate difference, but even a small rate reduction can save thousands over a term. I'll show you the exact number for your file.
No obligation. No credit hit. I'll show you what you could be saving — usually within a few hours.
Not what you're looking for?