If your needs have changed, we’ll get you the mortgage you need today.
At Entrust Mortgage, we recognize that life is dynamic, and your mortgage needs can evolve. That’s why we offer comprehensive Renewal Reviews, a service dedicated to evaluating and aligning your mortgage with your current circumstances and goals.
What is Mortgage Renewal?
Mortgage renewal is a process that occurs at the end of your mortgage term. It’s a reasonable time to reassess your mortgage agreement to ensure it aligns with your financial situation, lifestyle, and future goals.
Why is Renewal Important?
Mortgage renewal offers a pivotal moment to negotiate better terms, adjust your payment structure, or switch lenders if necessary. It’s not just a formality; it’s an opportunity to refine your mortgage strategy.
Our approach begins with a thorough, personalized assessment of your financial situation and future goals. We consider factors like changes in income, family dynamics, and long-term financial objectives.
Leveraging our deep knowledge of the Chilliwack real estate market, we analyze current mortgage trends, interest rates, and lender offerings to find options that best suit your needs.
We present you with tailored mortgage options based on our assessment and market analysis. Our recommendations aim to optimize your financial benefits, including lower interest rates, better terms, or more flexibility.
Our Renewal Reviews can yield significant financial savings by securing more favourable mortgage terms or lower interest rates.
As life changes, so do your mortgage needs. We ensure your mortgage adapts to your current situation, whether you’re planning for retirement, expanding your family, or adjusting to other life events.
Navigating mortgage renewals can be complex. Our expertise in the Chilliwack mortgage market means you receive knowledgeable guidance every step of the way.
A Chance for Better Rates
The renewal period is often an ideal time to secure a lower interest rate, which can result in substantial savings over the term of your new mortgage.
We’ll compare rates from various lenders to ensure you get the best deal possible.
Adjusting Your Mortgage Term
Your financial goals may have changed since you first took out your mortgage.
Our review includes discussing the length of your new mortgage term and finding a balance between flexibility and stability that suits your current needs.
Switching Lenders
Sometimes, the best option might be to switch lenders.
We’ll help you weigh the pros and cons, including any fees for transferring your mortgage, to ensure any move is in your best financial interest.
Our support doesn’t end with your renewal.
We offer ongoing advice and services to help you manage your mortgage effectively throughout your homeownership journey.
Suppose refinancing is a better option than renewal.
In that case, we’ll guide you through this process, helping you understand how to leverage your home equity for renovations, investments, or debt consolidation.
We provide valuable resources and educational material to help you stay informed about mortgage trends, financial planning, and the Chilliwack real estate market.
A Mortgage Renewal Review is a process where your current mortgage terms are reassessed to ensure they align with your current financial situation and goals.
Start a few months before your current mortgage term ends to allow ample time for evaluation and decision-making.
A Mortgage Renewal Review is an opportune time to explore switching lenders if better terms or rates are available.
A mortgage can do a lot. Purchase a home, a commercial property, a rental for income, debt restructuring, retirement planning – there are many things a mortgage can help with. We help you get the right one, that fits your goals.
Investing in real estate with a rental? We can make sure you have the the perfect mortgage for property rentals.
Life has ups and downs, and Entrust Mortgage is there when things are tough too.
Retired? A Reverse Mortgage allows you to get money from your home equity without having to sell.
Utilizing the equity of your primary residence can facilitate significant financial moves, whether for acquiring an additional property or making strategic investments.
We take the time to make sure your needs haven’t changed but if they have we get you the mortgage you need today.
Life has ups and downs, and Entrust Mortgage is there when things are tough too.
Is your business looking at buying real estate? We have commercial experts ready to help you get the loan you need.
Entrust Mortgage is more than just a lender; we are your partner in growth.
Our team is committed to providing solutions that meet your current needs and pave the way for future success.
