Mortgage Renewals

Is it that time? You have just received a mortgage renewal notice in the mail?  Read on to see if you should sign and send it back or maybe take another course of action.

When a term is coming to a close, most banks will send a mortgage renewal notice in the mail a few months earlier then your renewal date.  The banks tend to take advantage of our busy schedules to assume that you will sign on with them for another term. At this point the banks take advantage of your customer loyalty and don't even give you a discount, if they do not a great one.  Almost 60 percent of their customers sign this renewal without researching what the competition has to offer.

When you went shopping for your first mortgage you asked questions, did research, talked to any one who knew anything about mortgages and found the best mortgage rates and options. Why should the renewal process be any different? Interest rates are at an all time low, take advantage of the current market.  Get a better mortgage rate that could save you substantially in the long run.

Renewing your mortgage means one term has come to an end and it is time to start another term. Usually it is a 5 year term. At renewal time it is the perfect opportunity to shop and get a lower interest rate or better options that suits your lifestyle better. 

You have already paid 5 years worth of mortgage payments and deserve to get a discount on your mortgage rate.

For more information and a free quote without obligation, send me an email, phone or text.

My website has invaluable information.
www.KROEMERmortgages.com

Angela Kroemer, AMP

Mortgage Professional

TMG The Mortgage Group Canada Inc.

TMG Sharie Marie Mortgage Team

Local: 1.250.650.4182

TFP: 1.888.679.0190

Fax: 1.888.679.0192

akroemer@mortgagegroup.com

www.KROEMERmortgages.com

What About Insurance?

What about Insurance--- I have my mortgage now should I also get insurance to cover me if I should get sick or have an accident.

Well the stats are
Almost half of all the mortgage foreclosures in Canada occur because of an accident, illness or death. Consider these statistics in Canada:

A life threatening cancer is diagnosed every four minutes

Someone dies of heart disease or stroke every seven minutes

Every day 144 people suffer a stroke - 21 of them will die and 110 will be left with some form of permanent damage


For an item as expensive as a house, insurance can make a lot of sense. Somethings are just out of your control.

As a mortgage professional, I offer you advice, competitive rates, and  tailor your mortgages to fit your unique situations.


And because my goal is to build long term relationships with my you, it makes sense for me to advise you on how to protect your home in  case of accident, illness or death.  As I do for your mortgage I will give you all the information about the insurance we are offering , including a 1-800 number for questions related to health so you can make an informed decision.

The TMG Mortgage Insurance product is 100% portable!

Where other insurance products may not be portable and that becomes a problem when you want to refinance or do a switch. The insurance may be cancelled which means you must reapply. What if your health has deteriorated? Can you still get coverage? Will the premium be higher?

Contact me to discuss your insurance needs.

Angela Kroemer Mortgage Professional
1.888.679.0190
akroemer@mortgagegroup.com