An Annual Mortgage Checkup can be a smart financial move
March 9, 2018 | Posted by: Nick Hamblin
On a yearly basis, it's a good idea to have a mortgage professional check under the hood of your mortgage. Life doesn't stand still, which means your mortgage needs may have changed. You'll want to make sure that:
- you are taking advantage of your prepayment privileges to pay your mortgage off faster
- large amounts of high-interest debt are transferred to a lower interest rate, so you can boost your cash flow and save on interest costs (if you have enough equity in your home)
- you get a professional review of your options if your mortgage is renewing in the next 12 months
- you are taking advantage of today's attractive mortgage products, which include prime minus variable, fixed-rate, or hybrid mortgage {part fixed, part variable)
- you have access to the lowest-cost funds for renovations, education funding, a vacation or investment property, or other large looming expense.
We can tailor your mortgage to your changing needs.
Make the most of your greatest budgeting asset. Book your free no-obligation mortgage review and make sure your mortgage incorporates what may be ahead: it could pay big dividends and is the best way to get you where you're going in your financial future!
