Renewal

If your mortgage is up for renewal, let Kupina Mortgage:

• * Consult with our vast network of lenders who compete for your business
• * Complete a personalized plan and select a mortgage that meets your needs
• * Save you money over the life of your mortgage
• * Monitor your mortgage throughout the term

The banks, in an attempt to push their institution’s products, know most borrowers do not keep track of the current market and simply renew your mortgage terms without re-evaluation. It is often questioned if the client’s best interest is considered. The conditions of your mortgage renewal should be reviewed 4 to 6 months before the term expires and a suitable product must be selected. This may require hours of research and negotiations.

Why not let us do the work for you? Our mortgage professionals work directly for you, not the lending institutions. We are able to use our extensive network of lenders and experience to find you the best suited mortgage. Additionally, our service is free as we are compensated by the lending institution that has been awarded your business.

If you are considering renewing earlier than the expiry date of your term, you should take into consideration the following factors:

• * Current market rates vs. your existing mortgage rate
• * Pre-payment charge vs. the savings a new mortgage interest rate can provide
• * If the cost to renew or refinance can be added to your mortgage
• * If it is viable to switch from a fixed rate to variable rate

Since your mortgage is one of the largest investments you will make, it is crucial to find the best interest rate and terms. Before you renew your current mortgage, have one of our licensed mortgage agents shop the best mortgage product for you. We guarantee you’ll be amazed at the substantial amount of savings you will see over your mortgage loan and what we can accomplish on your behalf.

TRANSFER / SWITCH

When renewing your mortgage, we are able to switch or transfer your loan to an alternate lender offering more suitable financing. This allows you to take advantage of a mortgage product that may not be available to you through your current lender. Since the mortgage is fully open at the time of renewal,
you are able to:

• * Pay down additional principal
• * Access existing equity
• * Take advantage of current market rates and terms
• * Explore new mortgage products
• * Switch/Transfer lenders at no cost

Take advantage of a Kupina Mortgage agent to assess your mortgage and search the market for the best suited mortgage. Our experience coupled with our industry contacts makes switching or transferring your current mortgage easy and beneficial.