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Robert Dymont

Accredited Mortgage Professional (AMP)

Renewals
Is your mortgage coming up for renewal? Variable rate mortgages have become increasingly popular in today's ultra sensitive interest rate environment. While it may be more confusing than ever to compare alternatives, in a recent survey of Canadian homeowners astonishingly over 65% of respondents said they simply signed there renewal agreement at whatever rate the bank quoted. That's precisely what your existing financial institution is counting on. Don't make this simple yet costly mistake.

Our specialty is shopping at all the financial institutions and then aggressively negotiating the best rate on your behalf. Did you know that if you switch your mortgage at renewal time to a new Lender it won't cost you a dime! It's free. Call us . . . .we can help!

For the RENEWALS/SWITCHES of your existing home, most lending institutions require the following documentation, even if we are going to place your mortgage with your existing lender. To process your application as quickly as possible, please provide the following:

Income verification which will include:

  • last pay stub, with year to date earnings if possible
  • last years Revenue Canada Tax Assessment
  • Employment Letter

 

Current mortgage statement; showing mortgage balance or mortgage renewal or payout statement

Form B ( registered one ) - original mortgage documents

Municipal Tax Notice and proof of payment

Survey certificate ( if applicable )

BCAA Property Assessment ( most recent )

Proof of fire insurance

Purpose of additional funds - if this is for a home improvement project, we will require a contractor's estimate.


 

Remember, our lenders require the above information as quickly as possible. This is to ensure that we obtain the best mortgage rates and terms for you.

Please fax the required information to:
604-940-2004

If unable to fax, please call our office at:
604-603-0203
and we will make other arrangements to collect this information from you.

We appreciate the opportunity to work with you through this exciting time.

Fees Payable to the Mortgage Broker and / or lender may be charged only with prior written consent.

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All Rights Reserved.