Switch / Transfer Mortgage Calgary, Alberta
Not Happy with your current bank or lender?
Looking to lower your payments and save on interest costs?
Did you know that you can switch between lenders even if your mortgage is not up for renewal?
Whether your mortgage is insured or uninsured you can switch in the middle of your current term or at the renewal to take advantage of better rates. The lenders help cover some of the transfer costs and will capitalize payout penalties and fees into the transfer for you to try and prevent you from paying anything from your pocket book. A lot of people do not realize that with their insured mortgage it is them that is insured not the lender. So wherever you move to or move your mortgage to you should be able to take your mortgage insurance with you.
There are opportunities through switching that can save you thousands of dollars. Let us run the numbers for you and show you what could be done for you. If it does not make the best financial sense for you then no problem at least you have the peace of mind knowing where you are at.