4 Ways to Save THOUSANDS on Your Canadian Mortgage Renewal 🤑

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Video Chapters

00:00 🚀 Mortgage Renewal Crisis?
01:37 🏦 Never Accept the First Rate Offered
02:19 🔄 Changing Lenders at Renewal
02:48 💰 Making Lump Sum Payments
03:16 🛠️ Extending the Amortization Period

Advice for those concerned about increased payments upon renewal.
Details the pros and cons of extending the amortization period to ease short-term financial strain.

The opinions expressed herein are solely that of Tom Storey, not Royal LePage or the TRREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement. This is not financial advice.