Ontario mortgage renewal
Mortgage renewal approaching? Know your options before you sign.
Your renewal offer is a starting point, not always the full picture. Discuss the term, payment flexibility, switching considerations and timing directly with Niraj.
Your next step
What to consider before deciding
A mortgage renewal is a useful time to revisit your term, payment goals and financial priorities. You may be able to renew with your existing lender or explore a transfer, subject to eligibility, documentation and fees. Comparing the complete mortgage terms matters — not just the headline rate.
Useful details for your conversation
- The renewal date and current lender offer
- Fixed versus variable term preferences
- Prepayment privileges and potential penalties
- Switching costs, eligibility and documentation
- Whether payments or amortization need to change
Understand the tradeoffs
Why start before the maturity date?
Starting several months ahead gives you time to review terms, ask questions and assemble documents if required. An existing lender may provide an early-renewal offer, but conditions and timing vary. A transfer to another lender is not guaranteed and may require qualification.
Before you call
Start simple
Have your approximate renewal date and current mortgage balance ready for the first conversation. Please avoid sending account numbers or sensitive documents by text or unsecured email.
From mortgage clients
What clients have shared
Prompt, efficient and precise execution as well as communication. Tremendous work ethic and dedication. Overall excellent and smooth experience throughout the application process.Nikum Sitwala · Google review
Really great service . Niraj is super helpful and prompt. Highly recommendedSarthak Sharma · Google review
Reviews provided from Google review screenshots. Individual experiences vary. Read reviews on Google ↗
Common questions
Good questions to ask
When should I start reviewing renewal options?
A few months ahead of maturity is a practical planning window. An earlier discussion may be useful if your lender has sent a renewal offer.
Can I switch lenders at renewal?
Potentially, subject to lender approval, relevant qualification rules, property and mortgage details, and any applicable costs.
Should I focus only on the lowest advertised rate?
No. Review payment terms, restrictions, prepayment options, potential penalties and any switching incentives alongside pricing.
Ready to talk through your options?
Call, text or email Niraj. No website form or commitment required to start a conversation.