Tag archives: first mortgage

Mortgage Renewal Process

How to Prepare for the Mortgage Renewal Process At the conclusion of your mortgage term, if you still owe a balance on that property, you will need to renew the mortgage for another term. This is also an opportunity to evaluate your current mortgage and compare it with any financial goals you may have recently set. Your current mortgage provider will notify you of the upcoming renewal in the mail with a slip that you can sign back, but if you want to be sure that all of your needs are properly met, you need to take a proactive approach ... Read more