Fort McMurray Mortgage Renewal

Over 60% of Canadians do not get the best mortgage rate on their mortgage renewal, they just resign with their bank rather than negotiating rate or terms. This is not the best strategy as you could be missing out on HUGE savings. Talk to us at Whalen Mortgages your Top Fort McMurray Mortgage Brokers prior to signing with your bank! To transfer from a lender to a different lender or bank in Fort McMurray there is no cost. Call me today your local trusted Fort McMurray Mortgage Broker to get the process started and get the lowest mortgage rate on your next Fort McMurray mortgage renewal!! Mortgages don’t have to be complicated!! We have the top lenders and banks in Fort McMurray to give us the lowest mortgage rate on your mortgage renewal in Fort McMurray. We have the top underwriters to give you the best service and lowest mortgage rates on your next mortgage renewal in Fort McMurray. Call our team today to get your Fort McMurray mortgage renewal started as early as 120 days prior to your renewal date. We can transfer your mortgage to a better lender with lower rates free of charge. 

Call me today for a no obligation quote of the rates and lender products!! We will make sure we explain all the mortgage products and fixed mortgage rate and potential penalty if you pay your mortgage off early or sell your home to make sure you are not caught with any high interest rate penalties. Big banks have posted mortgage rates which mean big penalties if you pay them out early. Non bank lenders offer the same if not better mortgage rates however do not have posted rates so the penalties are 1/5th that of a big bank. A closed variable rate mortgage has a very transparent penalty and low penalty being only 3 months interest anytime you sell within your term. What does this all mean? Our dedicated Fort McMurray Mortgage Experts will explain all of this and let you pick the best mortgage option for your Fort McMurray mortgage transfer at renewal.

All the lenders have pre-payment privileges either 20% increase on your monthly mortgage payment and 20% lump sum payment on your initial mortgage balance at the beginning of your term or 15% monthly and 15% yearly as well as double up your monthly mortgage payments, some offer skip a payment if you have applied payments throughout the year towards your principle payments. Your Fort McMurray Mortgage Brokers here to help you save on your Fort McMurray Mortgage Renewal!  780-715-7533 call Whalen Mortgages your top Fort McMurray Mortgage Brokers and mortgage specialists today!!

Review your Mortgage Financing Options

It is important to review your financing needs on a regular basis and most certainly upon your mortgage renewal to make sure that you not only obtain the best mortgage rate but also the best product to fit your needs. Let us explain the differences between banks and non-bank lenders and how interest rate differential is calculated at a bank to ensure you are never stuck with a big penalty should you break your mortgage early. Completing the form below will allow us to help you implement a strategy of your own and notify you of relevant mortgage products and rates prior to renewal. We can look at different payment options and different mortgage rates and see what the best option for your Fort McMurray mortgage transfer. Remember once your term is up at your existing lender you are free to shop and get the best mortgage rate and product. We have the top mortgage lenders and banks in Fort McMurray who all compete on rate and different niche products to get your business. Fort McMurray Whalen Mortgages job is to stay on top of all the lenders and products and current rates to make sure we are selecting the best mortgage for your Fort McMurray mortgage renewal, or any mortgage renewal across Canada for that matter. 

Call our team for free advice on your offer from you current mortgage lender. I will let you know if it is a good offer and explain the perks and downfalls of the rate offered and product they are offering you on your mortgage renewal. Even if you stay with your current lender, I will help you understand what product you are taking and penalties associated with the product if you break your mortgage mid-term. What if I can save you thousands of dollars down the road by informing you on the mortgage product you will be signing with your bank? Would it be worth the 10 minute call? I am always available for anyone needing free advice on your Fort McMurray mortgage transfer or renewal or simply a new purchase.

Mortgage Lenders and Banks, Fort McMurray Mortgage Renewal Lowest Mortgage Rates!

There are lenders who offer the lowest rates but may have restrictions on porting your mortgage or prepaying your mortgage or may have inflated penalties if paid out early. I can help you pick a lender that fits your needs. In Fort McMurray the average person holds a home for 3 to 4 years and then upgrades or moves to a new town, let me help put you into a mortgage that holds low penalties if you pay it off early. Remember I work for you Not the Banks. We beat the banks every time. I have a great understanding of all the lenders and products they offer. I can explain them to you and let you pick the one for your needs. Our team at Fort MCMurray Whalen Mortgages strives for service and promise to deliver this to our clients with the lowest mortgage rates offered in Fort McMurray or on your Fort McMurray mortgage renewal. We are your top Fort McMurray mortgage brokers and work around your schedule. 

Some lenders even offer home encompass warranty as a bonus they pay the first year after you can pay 17.95 a month to keep this coverage. It covers up to 10,000 a year in unforeseen breakdowns with electrical, air conditioning, heating and plumbing. This is a bonus that only one lender offers but gives flexibility and security with your home and future unexpected costs. Some lenders offer warranty on appliances as a thank you gift and pays this coverage for the first year. After that there is a small fee like discussed above should you want to keep this coverage. We can offer you independent life and disability insurance independent from the lender so it ports with you if you change lenders down the road and is fully underwritten upfront.

We can get you a separate loan should you want to do renovations to your home or pay out an existing debt, we can get you credit cards with amazing products and rewards programs. We have access to the lowest home and vehicle insurance fees as well. Whalen Mortgages is your one stop shop where we have partnered with the top professionals and financing options to give our clients everything they need. We not only do mortgages with amazing rates and service in Fort McMurray we can help and offer our clients so much more. We are your Trusted Mortgage Brokers in Fort McMurray here to help you with your Fort McMurray Mortgage Renewal and we have partnered with the best referral partners from lawyers, realtors, home insurance providers, credit cards, loans and home insurance professionals. Apply On-Line Today!