by elevation-entry | May 21, 2026 | Mortgage Renewal
What Happens If You Miss Your Renewal Date? Life gets busy. Your renewal date passes, and you haven’t signed anything. What happens now? Don’t panic — but do act quickly. The Automatic Conversion If you don’t sign a renewal before your term ends,...
by elevation-entry | May 21, 2026 | Mortgage Renewal
Access Your Equity at Renewal Time Your home has probably increased in value since you bought it, and you’ve been paying down your mortgage. That combination means you’ve built equity — and renewal time is the perfect opportunity to access it without...
by elevation-entry | May 21, 2026 | Mortgage Renewal
Can You Switch Lenders at Renewal Without Penalty? The short answer: yes! When your mortgage term ends, you can switch to any lender without prepayment penalties. This is your one guilt-free opportunity to shop the entire market — and it’s often the smartest...
by elevation-entry | May 21, 2026 | Mortgage Renewal
Should You Just Sign Your Bank’s Renewal Offer? Your bank’s renewal letter arrived. It looks official, maybe even tempting. They’re counting on you to just sign and return it without shopping around. Here’s why that’s usually a mistake....
by elevation-entry | Apr 20, 2026 | Mortgage Renewal
When Should You Start Your Renewal Process Your mortgage renewal is one of the best opportunities to save money — or lose thousands if you’re not paying attention. Most Canadians simply sign their bank’s renewal letter without realizing they could get a...
