Mortgage renewal is a new agreement to extend or renew mortgages terms with your mortgage holder. Renewal refers to the ending the existing mortgage term and signing a new term for the continuation of the mortgage. We provide the facility to renewal mortgage so as to get the more benefit of it.
If the client does manage to negotiate better rate, it's usually maximum ceiling discount of 1%. All Gold Core Mortgage clients are treated with respect, courtesy and privacy. Our best rates are posted and all our clients are assured the same dedication to finding the best mortgage solution for your needs.
However, mortgages in Canada have smaller terms and usually much shorter than the amount of time it would take to pay off the mortgage in full.
Our company provide you full instruction before renewal the mortgage which can helps you to understand and get the benefit from it.