Question 1

When should I start looking at mortgage renewal options?

Accepted Answer

It is recommended to start exploring renewal options 4 to 6 months before your current term expires to lock in the best rates.

Question 2

Can I switch lenders during mortgage renewal?

Accepted Answer

Yes, you can switch lenders at the end of your term without paying a prepayment penalty, often securing a better rate in the process.

Mortgage Renewal

What kind of property is this?