Make your equity work harder.
A maturing mortgage is an opportunity to review the entire financing structure. Consider the remaining balance, property performance, current lender terms and future plans before deciding whether to renew or refinance.
Review an upcoming maturity
Start the conversation before the existing loan matures. An early review leaves time to assemble financial information and consider lender requirements.
Explore available equity
An increase in property value does not automatically create borrowing capacity. Lenders also consider cash flow, existing debt, security and the purpose of additional financing.
Compare the complete cost
Look beyond the interest rate. Review discharge costs, prepayment provisions, lender and professional fees, amortization and any guarantees before making a change.
What to have ready
- Current mortgage statement and maturity date
- Existing loan terms and payout details
- Updated property income and expenses
- Purpose of additional funds and preferred timeline
Document requirements vary. Please arrange a secure way to share financial information with your mortgage professional.
What happens next?
Tell us the basics of your Lethbridge project. We will discuss the information needed to assess possible financing routes. A consultation does not guarantee approval or a specific rate.
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