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Mortgage Renewal

mortgage renewal

Stop! Do not renew your mortgage until you have all the information.

Consider this, over 70% of mortgage holder’s say goodbye to thousands of dollars every mortgage renewal time when they sign their renewal papers without considering other mortgage options. Mortgage renewal time is the perfect opportunity to reassess your mortgage and your mortgage lender. 

 

Dreyer Group Mortgage Professionals recommend shopping your mortgage at EVERY mortgage renewal to get the very best mortgage at the best rate. Literally hundreds of new and innovative mortgage products are launched every year. That is why it is important to re-shop your mortgage at every renewal. It takes very little time and could save you thousands of dollars in interest.

 

Yes! I want to Save Money on my Renewal

Hold My Best Rate Now

The mortgage renewal process is as important as the first time you obtained a mortgage or maybe even more so because your personal situation has most likely changed since your mortgage was orginated. This is the perfect time to re-assess your needs and find a mortgage that suits the current you.  When it comes to your mortgage renewal we're here to help.

Please see the example below of how you can save money by having us renew your mortgage!

Bank Renewal Mortgage Mortgage Broker Negotiated Mortgage
Mortgage Principle:  $250,000 Mortgage  Principle:  $250,000
Posted 5 Year Rate  4.79% Posted 5 Year Rate   2.89% *
Monthly Payment  $1303.05 Monthly Payment  $1036.93
Monthly Savings  $0 Monthly Savings

 

 $266.12 x 60 =

 $15,967.20

 over term

Mortgage Principle at Term End  $228,721.08 Mortgage Principle at Tern End  $221,746.78
Savings on Principle  $0 Savings on Principle  $6974.72

 

You could have a lower monthly payment and pay off more of your mortgage faster!

Please note the above is for sample purposes only.  Rates can change and are OAC. Based on 30 year amortization.

Find out how much you can save. Apply in 3 easy options . We'll be here every step of the way.

 

 

30 Second Application

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