Mortgage Renewal and Refinance Solutions in Edmonton with Mortgage Route

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Mortgage Renewal and Refinance Solutions in Edmonton

As a trusted mortgage provider in Edmonton, Mortgage Route understands that renewing or refinancing your mortgage can be a daunting task. That’s why we’re here to help you navigate the process with ease. 

Mortgage renewal is an opportunity to renegotiate the terms of your mortgage. It’s important to start planning for your renewal at least 120 days before your current mortgage term expires. This gives you enough time to shop around for the best rates and terms that suit your financial goals. At Mortgage Route, we work with you to find the best options available in the market. 

Refinancing your mortgage can help you access the equity in your home or lower your monthly payments. You can use the equity to pay off high-interest debt, invest in home renovations, or fund a child’s education. Refinancing can also help you switch from a variable to a fixed-rate mortgage or vice versa, depending on your financial situation. Our team of experts at Mortgage Route can help you determine if refinancing is the right option for you. 

At Mortgage Route, we understand that every homeowner has unique financial goals and needs. That’s why we offer personalized solutions to help you achieve your goals. We work with a network of lenders to find the best rates and terms that suit your financial situation. Our team of experts will guide you through the process, answering all your questions along the way. 

We believe in transparency and honesty when it comes to our services. We provide a detailed breakdown of all costs associated with renewing or refinancing your mortgage. Our team will ensure that you understand all aspects of the process before making any decisions. 

In conclusion, renewing or refinancing your mortgage can be a complex process, but it doesn’t have to be. At Mortgage Route, we’re committed to providing you with personalized solutions that meet your financial goals. Contact us today to learn more about our services and how we can help you navigate the process with ease. 

Thank you for submitting your request for a free quote. We will be in touch soon! If you have any questions or concerns call 780-802-4845 - Mortgage Route Team

Current Prime Rate is 7.20

Rates subject to change without notice. *O.A.C. E.& O.E.

TermsBank
Rates
Our
Rates
5 Year Adjustable (high ratio / no pre approvals)6.45%6.10%
3 Year (fixed high ratio / Live deal)5.79%5.29%
5 Year (fixed high ratio / 120 day hold / Live deal )5.44%4.99%
5 Year (fixed rate / high ratio – Borrowed down)5.64%4.99%
2 Year (fixed high ratio)6.49%6.29%
4 Year (fixed rate high ratio)5.69%4.99%
5 Year (fixed rate refinance)6.49%5.79%
Auto Financing8.99%7.99%