Get started, no obligation.
Mortgage Renewal Coming Up? Don’t Sign Yet.
Most renewal offers favour the lender, not you. Before you renew, we help you review your options, negotiate better terms, and avoid costly mistakes.
Why You Shouldn’t Auto-Renew
- Your bank’s renewal offer is not a negotiation
- A lower rate can still cost more with the wrong terms
- Many homeowners qualify for better options than they realize
Our Renewal Review Process
- Review your current mortgage
We look at your rate, balance, renewal date, and lender terms. - Compare real renewal options
We shop multiple lenders, not just your bank. - Help you choose the right strategy
Rate, flexibility, penalties, and future plans all matter.
Renewing in the next 120 days?
Answer a few simple questions and get a personalized game plan with clear next steps tailored to your unique situation — completely free.
Can I switch lenders at renewal without penalty?
Yes—you can switch lenders at renewal without paying a penalty. When your mortgage term ends, you're free to explore other options and move to a new lender if it means getting a better rate, improved features, or a product that better fits your current needs.
However, while there’s no prepayment penalty, there may be some minor administrative costs (like discharge or legal fees), which are often offset by the savings you gain with a more competitive offer.
How far in advance should I start my renewal?
You can typically start the renewal process as early as 120 days (4 months) before your current mortgage term ends—and we highly recommend you do.
Getting a head start gives you time to shop around, lock in a rate early, and explore options that better suit your financial goals. It also puts you in a stronger position to negotiate with your current lender or switch to a better offer without feeling rushed.
Can I access my home equity during renewal?
Yes, your mortgage renewal is a great time to access your home equity—without paying a penalty. If you’ve built up equity in your home, you may be able to use it to fund renovations, investments, debt consolidation, or other major expenses.
Because you’re not breaking your mortgage early, you can often make changes—like increasing your mortgage amount or switching to a different product—with minimal costs and greater flexibility.
Cindy did a great job explaining the home buying process to a first time home buyer and helped us navigate financial approval and a quick closing. We are so thankful she was referred to us!
Read more
Jo Reason
5 days ago
Meghan V
5 days ago
Amazing service and Knowledge. They were able to find what best suited our needs with constant communication. Couldn't asked for more. I would recommend Cindy White and the Valko team to anyone.
Read more
Mark Hainer
2 years ago
Don’t Just Sign — Strategize.
Let us guide you through a smarter, more profitable renewal. We’ll review your options, negotiate on your behalf, and set you up for long-term success.