An Annual Mortgage Checkup Can Be A Smart Financial Move
July 10, 2020 | Posted by: Keith Leighton
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.
• you can boost your cash flow and save on interest costs (if you have enough equity in your home) by transferring large amounts of high-interest debt to a lower interest rate.
• 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!
Call your DLC Ideal Mortgage broker today.
