Mortgage Renewal and Refinancing

For most homeowners, refinancing and mortgage renewals represent options that are not fully exploited. From the lack of information or access to the right professionals that can offer valuable advice, most people don’t know how to profit from renewals or refinancing and end up losing money that they could have saved. At Rampone-Marsh, we believe in empowering our clients with the knowledge of safe and profitable investments so that they are fully aware of their options.

When you decide to get a home mortgage, you sign a contract for a period – for example, 20 years. But the terms and conditions of this contract are not set in stone. You will have terms (for example, after the first 5 years) when you can renegotiate the contract, fully pay your mortgage or renew it for a new term. Keep in mind that you have a lot of options at your disposal. Renewing your mortgage for a new term doesn’t necessarily mean accepting the first offer. Not many people know this, but it is possible to get a better offer and save a significant amount of money at a mortgage renewal. Our certified mortgage brokers in Kelowna will be there for you, counseling you every step of the way and make sure that you get the most of your mortgage renewal process.