Most people do not know that there is no penalty or expense or cost for transferring your mortgage from one lender or bank to another? This means you do not have to worry about the complicated process that got you the mortgage in the first place.
A mortgage renewal is a perfect opportunity to find a better rate. At PrestoMortgages, we repeatedly get new customers through word of mouth from our existing clients who have taken advantage of our excellent renewal terms. Even still, many home owners do not look for renewals with other lenders because they think the process will take too much time or be too complicated. This is not true!
We reduce your payments!
At PrestoMortgages, we have repeatedly helped our customers get better rates and reduce their mortgage payments. It is rare to be able to renegotiate a rate that is better than a ceiling discount of 1%. Banks have limits set on their employees as to what they can provide for you. Sometimes they might make exceptions based on large accounts, but this is not the case for almost all customers.
PrestoMortgages has been making the mortgage renewal process easy and creating value for clients in Ontario for a number of years. We will give you the best rate and dedicate ourselves to finding the ideal solution for your needs. When you are close to the end of the term of your mortgage and looking for mortgage renewal options, call us at PrestoMortgages!
We will offer better terms
At PrestoMortgages, we do not have the constraints like your typical mortgage broker. We have the ability to lend based on your unique situation. This means we can provide an excellent alternative to your existing bank or lender when you are up for renewal.
Renewal with damaged credit
We understand that there can be challenges in life and circumstances can change once you have a mortgage. If you have had any setbacks since you got your mortgage and your credit score has been hurt, we will not penalize you for this or turn you away. At PrestoMortgages, we can offer a mortgage renewal, even if your credit has been damaged.