Nicolee EvansMortgage Broker

Mortgage Renewals

A renewal is the most quietly expensive moment in a mortgage. The renewal letter looks routine - a single page, a posted rate, a deadline. But the rate offered by your existing lender is rarely the strongest one available to you, and the structure you choose now will shape your payments for years.

Lender comparison

Access to dozens of Canadian lenders through BRX Mortgage - FSRA #13463 - including monoline and credit-union options that don't appear on rate sites.

Rate strategy

Fixed, variable, hybrid - chosen based on your timeline, risk tolerance, and life plans, not the headline rate.

Penalty review

Before recommending a switch, we calculate the true cost of breaking your existing mortgage.

The Process

How we work together.

  1. 01Begin the conversation 120–180 days before maturity.
  2. 02Review your current terms, balance, and remaining amortization.
  3. 03Compare offers across multiple lenders and structures.
  4. 04Move forward with the option that fits your next chapter - not just this rate cycle.

Common Questions

Answers, plainly written.

Most lenders allow you to lock in a renewal rate 120 to 180 days before maturity. Starting early gives time to compare lenders, hold a rate, and switch if it makes sense - without the pressure of a deadline.

If your mortgage matures within the next six months, this is the right time to talk.

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