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 ...
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What to Think About When Renewing Your Mortgage Your mortgage payment may be a high expense in your monthly budget, but when mortgage term comes up for renewal, lenders may tempt you to stay with them by sending you out a renewal offer that simply requires your signature in response. However, it is often in your best interest to do some research on your own. Your best offer might not be the one that shows up in your mailbox. Mortgage Renewal Tips One of the most important steps that you can take without the mortgage renewal process is to start ...
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