Mortgage renewal

The most expensive signature in Canada

The majority of Canadians simply sign the renewal letter their lender sends — and lenders know it. Those letters are typically priced above what the same lender would offer a new client, let alone what their competitors would offer to win your business.

Renewal is the one moment you can move your entire mortgage with no penalty. That leverage is worth real money — but only if you use it before you sign.

My free renewal review

• I compare your renewal offer against the live market — banks, monolines, and credit unions.
• If your current lender is truly the best deal, I’ll tell you to stay. No games.
• If switching wins, I handle the entire transfer — most lenders cover the switching costs.
• It’s also the perfect moment to restructure: consolidate debts, tap equity, or change amortization to fit your life today.

When should I start?

Start 4–6 months before maturity. Rates can be held for up to 120 days, so beginning early means you catch rate drops and never renew under time pressure. Even if your renewal is further out, a quick call now puts a reminder and strategy in place.