Thinking of Switching or Transferring Your Mortgage?
Is switching your mortgage a good idea?
You’ve heard about the switch mortgage and know that it means moving your mortgage to another lender but don’t quite understand the whole story.
The best way to tackle the switch mortgage subject is to answer some of the many questions we’ve had over the last little while. First off, when you get that renewal notice in the mail, do yourself a favour and don’t just sign it and accept the lenders interest rate and terms without giving us the opportunity to see if we can get you a better deal. Banks make some real good money with renewals when people just sign the renewal and send it back. Remember, there’s no cost or obligation to have us take a look. Knowing if switching or transferring your mortgage is the right thing to do starts with a conversation with your Right Broker, a Mortgage Alliance Professional.