Best Rate Mortgage Renewal

Is Your Mortgage Term Coming up for Renewal?

Did you know that when your term is complete, you have the option to shop the entire Canadian mortgage market for the best rates and products for your next term? Transferring your mortgage to a different lender at renewal will not cost you anything.

If you have already recieved your renewal letter in the mail, contact one of our brokers! Our mortgage brokers deal with over 40 lenders across Canada to find you the best possible mortgage to fit your needs. We are an independent company with the sole purpose of finding you the best mortgage rate and product in Canada.

Our brokers will save you time and money by negotiating a better rate on your behalf at no cost to you! That's right, our services are absolutely FREE!


Apply Now to Renew Your Mortgage at Today's Best Rates

The Process

When your mortgage term is coming to a close, most banks will send a Mortgage Renewal notice in the mail approximately one to two months prior to the end of the term. On this notice, banks will always offer you a higher rate and assume that you will sign on with them for another term. They typically only offer you their posted rate with very little or no discount.

best rate guaranteed

CMHC stats show that over 60% of all Canadians accept the first rate their bank offers. They will stay with their existing mortgage lender because they believe it is too time consuming to shop around for a better rate. Or, they may think the offer from their existing bank is the best deal available. This is not true!


We will get you the best rate on the market guaranteed!

Transferring a Mortgage

A major misconception among homeowners is that switching your mortgage between lenders will incur penalties and fees. The truth is, it is absolutely FREE! The big banks know that most homeowners don't know or understand transferring a mortgage is free and they certainly don't want you to know.

Mortgage Transfer or Switch

If you simply switch your mortgage to a new lender, you will not be subject to any payout penalties if you are switching at renewal time. If your mortgage is in the middle of a term, there may be a penalty to switch. However, we have found that paying the penalty in many cases to change institutions to either get a lower rate or a better mortgage product can save a homeowner thousands of dollars.

Once you are qualified, your current mortgage balance and the remaining amortization period are transferred to your new lender with your new interest rate in place.

You should start thinking about switching your mortgage between 90 and 120 days before your mortgage renewal date. We can lock in an interest rate for you up to 120 days prior to your renewal date to protect you against any interest rate fluctuations that may occur prior to your renewal.

Getting Started

The first step to renewing your mortgage is to complete our online mortgage application. Once you complete this form one of our local Regina Mortgage brokers will contact you to discuss your renewal, rates and products, and shop the market to find you the best product for you!

Click here to complete the online mortgage renewal application

Online Application

Get pre-approved within 24 hours!

Online Mortgage Application

Contact a Mortgage Broker

Contact a Regina mortgage broker to discuss your situation or arrange an appointment.

Contact a Regina Mortgage Broker

Quick Application

Use the short application below to have one of our Regina mortgage brokers contact you.