Mortgage Renewals Made Easy
Get on the Path to Financial Freedom!
We make renewing your Ontario mortgage easy.
We specialize in helping people refinance their mortgages.
"We had a really complicated mortgage renewal situation but there were no surprises for Mike - he has seen it all before, and more! He was able to talk us through the various options and walk us around some potential pitfalls. We really appreciated his guidance and especially his patience as we seemed to hit delay after delay. It is easy to give 5 stars to someone when a mortgage process goes smoothly. But, did they really earn them? It is when things get complicated that you find out what someone is made of, and that's when you want someone like Mike on your side. Thank you Mike Cara!"
Jonathan B. - Google *****
Yes I am interested in learning more about Renewing my mortgage to save me money
Most Peterborough, Durham Region and Ontario homeowners stay with their existing mortgage lender because they believe it is too time consuming to get a better mortgage rate.
If your mortgage is coming up for renewal, then now is a suitable time to look at the many excellent options and competitive rates available. Lenders will send out renewal forms just prior to renewal dates to those with good payment histories, with about 70% of homeowners sending it back without asking any questions. That can be the easiest route, but you should ask yourself some questions before you sign on the dotted line. This is an important moment of opportunity. This is where an independent mortgage professional like me can help offer advice and options to help you get ahead.
Maybe your mortgage needs have changed. This is the time to decide. For example, you may want to consolidate high interest debt in with your mortgage or you may want to tap some of your home equity for a renovation project. Or are you considering a cottage or vacation property? Are you confident you will get the best rate at renewal?
Having multiple lenders compete for your business is a wonderful way to ensure you get the best rate for your situation. I deal with multiple lending institutions, including major banks, credit unions, trusts and other national and regional lenders, which means significant negotiating power behind finding the best mortgage to fit your specific needs.
