Switch or Transfer Mortgages

Seamless Solutions for Your Changing Needs

What Does It Mean to Switch or Transfer a Mortgage?

Switching or transferring a mortgage is a strategic financial move that involves moving your existing mortgage from one lender to another.

This decision is often made when seeking more favourable terms, lower interest rates, or a lender that aligns more closely with your current needs and service expectations.

Entrust Mortgage provides support and guidance in the ever-changing world of personal finance, especially when switching or transferring your mortgage.

Recognizing that your financial needs and circumstances can shift over time, we offer our specialized Switch or Transfer Mortgages service, meticulously designed to adapt to your evolving financial landscape.

Our Detailed Process

Switch or transfer mortgage Chilliwack

Initial Assessment and Application

Our process begins with an in-depth assessment of your mortgage and overall financial picture. Following this, we initiate the application process with a carefully selected new lender that meets your criteria.

Approval and Transition

Upon approval, we diligently coordinate between your current and new lenders. Our commitment is to ensure a seamless and transparent transition, keeping you well-informed throughout the process.

Ongoing Support

Our relationship with our clients extends far beyond the initial switch or transfer. We provide continuous advice, updates, and support, helping you navigate your mortgage and financial decisions effectively.

Why Consider Switching or Transferring?

To Capitalize on Lower Interest Rates:

A primary motivator for many, securing a lower interest rate can significantly reduce your monthly payments and the total interest paid over the mortgage’s lifespan.

To Find Better Terms:

Tailoring your mortgage to your current financial situation might involve adjusting the mortgage term, payment structure, or even the type of mortgage.

For Debt Consolidation:

Integrating high-interest debts into your mortgage can streamline your finances and reduce the overall interest you pay.

To Partner with a More Suitable Lender:

Your needs from a lender can evolve. Switching allows you to align with a lender better suited to your current service expectations and financial goals.

4 Advantages of
of Switching or Transferring Your Mortgage


Financial Optimization

A well-timed switch or transfer can lead to significant cost savings.

Securing a mortgage with lower interest rates or more favourable terms can optimize your monthly cash flow and long-term financial health.


Adapting to Life’s Changes

Whether it’s a change in income, family circumstances, or financial goals, we ensure your mortgage keeps pace with your life.

A switch or transfer can offer the flexibility and adaptability you need during life’s various stages.


Debt Management

Consolidating high-interest debts into your mortgage can be an intelligent strategy to simplify your finances and reduce overall interest costs.

This move can be a game-changer in your financial management and stability.


Customized Mortgage Solutions

Each individual’s financial journey is unique.

Switching your mortgage allows for adjustment terms and conditions to suit your current and future financial scenario better.

The Entrust Mortgage Approach

Personalized Consultation

We begin with a detailed, personalized consultation.

Understanding your specific financial scenario is crucial in determining whether a mortgage switch or transfer is the most beneficial move for you.

Comparative Market Analysis

Our comprehensive market analysis encompasses a broad spectrum of potential lenders, examining their offered rates and terms.

Our expertise in the Chilliwack mortgage market and strong lender relationships enable us to present you with the most advantageous and suitable options.

Seamless Transition

We prioritize a smooth and efficient transition.

Our team adeptly handles negotiations, paperwork, and coordination between your current and prospective lenders, ensuring a stress-free experience for you.

Switch or Transfer Mortgage FAQ's

What does it mean to switch or transfer a mortgage?

It involves moving your existing mortgage from one lender to another, often to secure more favourable terms or rates.

There may be fees involved in transferring your mortgage, such as legal fees or a penalty from your current lender. These should be considered when evaluating the decision.

Switching your mortgage can result in lower interest rates, leading to reduced monthly payments and improved cash flow for your business.

More Than One Mortgage Fit

Entrust Mortgage Services

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.

Credit Challenged Mortgages

Life has ups and downs, and Entrust Mortgage is there when things are tough too.

Reverse mortgage


Retired? A Reverse Mortgage allows you to get money from your home equity without having to sell.

Abbotsford Second Mortgages Chilliwack Mortgage Broker


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.

Switch or Transfer Mortgages

Life has ups and downs, and Entrust Mortgage is there when things are tough too.

Commercial Mortgages Chilliwack Abbotsford


Is your business looking at buying real estate? We have commercial experts ready to help you get the loan you need.

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