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Get a Free Mortgage-check up right now |
Worried about the long-term health of your mortgage? A single house call may be all the care you need!
Once you have bought your house and settled in, it is important to monitor your mortgage. If you are a Mortgage Managers client, you can rest assured you Mortgage Managers’ broker is monitoring your mortgage for interest savings opportunities. However, if your circumstances have changed, it may be a good time to examine the suitability of your current mortgage.
If you are not a Mortgage Managers client, it is important to get a mortgage check-up at least every 6-12 months. We would be happy to analyse your mortgage now and continue monitoring it at No Cost to you. Just complete the short form at the bottom of this page to put us to work.
Some common reasons for refinancing your mortgage include:
- Your financial situation has changed.
Has your salary increased or decreased significantly? Have you had another child? Started your own business? If any of these are true, it’s now is a good time to reassess your mortgage. Mortgage Managers can find a mortgage product that better suits your current financial situation.
- Interest rates have dropped
If you have a fixed-rate mortgage and interest rates have fallen, it might be time to refinance. Refinancing is when you replace your current mortgage with a loan that offers better rates and terms. This can save you a significant amount of money. Your local Mortgage Managers broker can analyse the numbers to make sure that the fees and costs associated with refinancing are worth the new rates and terms.
- Interest rates have increased
If you have an variable rate mortgage, rising interest rates can increase your payments. Refinancing to a fixed-rate loan may help limit your exposure to rising rates.
- Your Home Equity Line Of Credit (HELOC) balance hasn’t decreased
If you have become trapped into a cycle of using your HELOC for every expense, a HELOC is not for you. Your local Mortgage Managers’ broker may be able to find a more suitable mortgage that balances your life style while reducing your mortgage debt.
As you gain more equity in your home, it becomes a more and more valuable financial resource. Mortgage Managers works for you to make sure you are getting the best deal.
Our 60-second Mortgage Check-up could save you thousands!
For a Free Check Up, Find Your Mortgage Manager
CLICK HERE
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