Renewals and Transfers

By: Absolute Mortgage Corp.  18-01-2012
Keywords: Mortgage Renewals Transfers

When your initial mortgage term is coming up for renewal, it is the perfect time to review your overall financial situation. When your term has expired, you can transfer your mortgage to a more suitable lender. There is usually no cost for a transfer of a mortgage as long as the mortgage amount, person(s) on title and remaining amortization does not change. Depending on the lender you are currently with, they may have a "discharge fee" to leave or to renew. This will usually be disclosed to you at time of accepting mortgage.

Keywords: Mortgage Renewals Transfers

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