Prairie Key Mortgages | Mortgage Architects
Mortgage Renewals in Alberta
Your renewal is a chance to make sure your mortgage still fits your life.
Your lender’s offer is a starting point. Before you sign, let’s review your plans, your current mortgage and the options available to you.
Look beyond the rate
We’ll compare the payment, mortgage features and the flexibility you may need if your plans change. Bring your questions about prepayments, restrictions and the potential costs of switching lenders.
Has anything changed?
Perhaps you’re planning to move, retire, change jobs or pay down your mortgage faster. Bring those plans into the conversation so we can compare options in context.
What to send me
- Your renewal date
- A current mortgage statement
- Any renewal offer you’ve received
I’ll explain the additional information needed to review your circumstances.
Common renewal questions
Do I have to switch lenders?
No. We can review your existing offer alongside other suitable options. Staying may be a reasonable choice.
When should I contact you?
Reach out a few months before your term ends so there’s time to review your options.
Is switching automatic?
No. A new lender needs to approve your application. We’ll discuss its requirements and any costs before you make a decision.
Helpful reading
Let’s look at your renewal before you sign.
Based in Central Alberta. Helping clients across Alberta.