Mortgage coming up for renewal?

One of the biggest mistakes you can make is simply signing the renewal card from your current lender.
shopping for a mortgage in Alberta
Mortgage Term Up in the Next 6 Months?

Most mortgages have a 25 year amortization period with a 5 year term. When your term is almost up, you will need to get a mortgage renewal.

It is wise to start shopping for a mortgage renewal 4-6 months before your current mortgage expires. Mortgage Loans Alberta can help you find the best rates.

Shop Your Mortgage Renewal

Many homeowners think they have to renew with the same bank or finance company. Not only is this not true, but it could cost you thousands if extra dollars is you simply sign and return their automatic renewal notice. Rarely is the offer the best one you can get, and negotiation and comparison shopping is just as important with your mortgage renewal as it was with your initial mortgage.

Mortgage renewal letters are often sent close to the mortgage term expiration date, which does not allow much time to show around and arrange for a better mortgage deal from another lender. The first offer they send is rarely the best one, yet 60% of Canadian borrowers simply sign and return the renewal.


Mortgage Renewal Made Easy

You don’t have to renew your mortgage with the same lender!

Mortgage broker in Alberta, CanadaSince your mortgage loan is probably one of your biggest expenses, it pays to get a second opinion. Calling us costs you nothing, but could save you thousands!




Alberta Mortgage Broker

House on a beautiful day that needs a mortgage renewal in Alberta home in Alberta Canada
Award Winning Mortgage Broker

Call Jim Black at Mortgage Loans Ontario to shop your mortgage renewal over lenders all across Canada.

You do not need to renew your mortgage with the same lender. Maybe your needs have changed and you want accelerated payments or lower monthly payments.

You may want to change from a fixed to a variable interest rate. We sit down with you to look at your current financial situation and look for ways to help you pay your mortgage off faster.

Apply Now

Mortgage Refinancing

Mortgage Refinancing
Whether you are looking for a lower mortgage rate to increase or pay down your mortgage, we can help you with refinancing.
Line Of Credit
A home equity line of credit gives you the flexibility to borrow and pay back as needed.
Home Equity Loan
Need to make a large purchase? Looking to consolidate high interest debts? Get a secured home equity loan at great rates.