no down payment mortgage


Nearly 60% of borrowers simply sign and send back the first renewal the lender offers themĀ without ever shopping around for a more favourable interest rate. Homeowners should never accept the first rate offer from their existing lender. Without any negotiation, simply signing up for the market rate on a renewal unnecessarily costs the homeowner a lot of money on their mortgage.

Generally it is a good idea to start shopping for a new term four to six months before your current mortgage term expires. Before you ever hear from your lender about renewing your mortgage term, have the Collin Bruce Mortgage Team shop around for you. You will be amazed at what we can accomplish on your behalf!