Mortgage Renewal Process Explained By Get Approved
Once your mortgage term is near the end, provided that you still have a balance, you must renew your mortgage for another term, be it 3 to 5 to even 10 years, depending. And with every mortgage renewal, there comes a chance to evaluate your current situation regarding your mortgage and then compare with your financial goals that you have set for yourself along the way. The current mortgage broker that you are dealing with will mail you your renewal notification in the mail so you can simply sign it and then send it back, however, if you are looking to each and every need of yours is met, then you should consider taking a proactive approach with your next mortgage renewal by shopping around with other mortgage agents to determine if you can receive a better rate than your current one. That is why, with Get Approved you can inquire about a mortgage renewal and we will work hard to get you a better rate than your current mortgage rate. Contact us today for more information.