Help to know about Mortgage renewal!
Date: Thu, 11/16/2017 - 23:38
The early mortgage renewal
The early mortgage renewal process starts 4 months before your term is up. In your case, you have to renew the mortgage this month (November) only to avoid paying the prepayment penalty. You should consult another broker to know what other lenders are offering. This would help you to negotiate with your present lender. Consider your current financial goals before making the final decision.
Yes, you may save your
Yes, you may save your mortgage prepayment penalty if you renew in this month. Lenders allow 120 days before the term ends for early renewal process. Consult a new broker and get yourself updated...hurry up!
Yes, ask another broker to
Submitted by Sanders Patricia on Mon, 11/20/2017 - 05:27
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