Mortgage Renewal

When it comes time to renew your mortgage term, don’t just sign on the dotted line.

Almost 60% of homeowners make this mistake. Many just sign and return the renewal offered by their lender. Did you know that you have other options? If you want to build up your savings, you will need to be careful not to pay more when you could pay less.

Just because you got a mortgage through your current lender doesn’t mean you have to stay with them for the whole amortization period. Homeowners are free to find a new lender with better options. The best time to do this is when your term is nearly over. This helps you avoid any extra fees lenders charge for breaking the term early. Moreover, you don’t have to wait until you get a renewal notice from your lender, you can start looking around for better rates with other lenders at any time. We can help.

With Dominion Lending, you can get the best rates by having lenders compete for your business. Here is how we work for you:

  • We shop for you. We will research lenders and mortgages that fit your needs. We also assist you with the application process and the paperwork. Our goal is to help you find the best solution for you and your family.
  • We know the business. Our advisors have connections to over 90 lenders such as banks, credit unions, trust companies and other financial institutions. In addition, we have exclusive offers that are only available from our team.
  • We are patient. Dominion Lending mortgage experts never rush you into a decision. We know that you will need some time to think over your options. Our goal is to start the renewal process early, which allows you to find a new lender with the best rates.

If your mortgage term is nearing the end, let us help find the best renewal options for you and contact us today.

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