Home & Commercial Mortgage Services - Northwood Mortgage
Call & Save

Mortgage Renewal

Mortgage Renewal

Mortgage renewal is an important moment of opportunity. Let us contact you four months prior to your renewal to explain why. Just enter your email address and the maturity date of your mortgage. There is no obligation.

At mortgage renewal time, you may find your needs have changed. Perhaps this is the right time to tap some of your home equity for a renovation project? Or maybe you’re considering a cottage or vacation property, or want to use some of your equity for other long-term investments. You should also take a look at your other debts; many Canadian homeowners have taken advantage of historically low rates and rolled all their other higher-interest debts into their mortgage at renewal.

Saving Money When Renewing Your Mortgage

Our team recently wrote a blog post on tips and tricks for saving money when renewing your mortgage. There are three simple rules to following to help save you money when renewing:

  1. Don’t let your renewal date creep up on you
  2. Know what you want
  3. Meet with a broker in advance

Although these three steps sound simple enough, they do require time.

You’ll also want to get the best rate. Having multiple lenders compete for your mortgage renewal is a great way to ensure you get the best rate for your situation. We have access to over 50 lending institutions, including major banks, credit unions, trusts and other national and regional lenders, which means we can put significant negotiating power behind finding the best mortgage to fit your specific situation.

First Name:*

Last Name:*

Email: *

Mortgage Maturity Date: *

How did you hear about us? *

Send Inquiry
Please wait...

Please wait...

Ask Us About Our
Mortgage Protection Plan inner-img Call: 416-969-8130

For your Free Insurance Consultation or Email Us: info@northwoodmortgage.com

Today’s Special Rate:
1.4% Variable
View All Rates
Subscribe to Rate Watch

Get updates on the latest rates available through our Rate Watch Newsletter.

Please wait...
Do you want to be Mortgage FREE Faster?
Get Started

COMMUNITY Involvement
FEED the Need in DURHAM The Terry Fox Foundation GRANDVIEW CHILDREN'S CENTRE The Princess Margaret Hospital Foundation Key to Hope

102.1 TORONTO SUN.com THE FAN 590 680 News Q107 Talk Radio AM 640

Industry Associations
Filogix VERICO MPC Canadian Mortgage Brokers Association

Mortgage Resources
Equifax FCT Canada Mortgage and Housing Corporation Government of Canada


COMMUNITY Involvement
logo-1 logo-4 logo-5 logo-6 logo-7
logo-8 logo-9 logo-10 logo-11 logo-12
Industry Associations
logo-13 logo-14 logo-15 logo-16-1
Mortgage Resources
logo logo logo logo logo logo