Mortgage Transfer Benefits
Transferring a mortgage basically involves paying off the current mortgage and then starting from scratch, so it's a great option to consider if you're not satisfied with your current mortgage because you get a fresh start with a different lender.
Interest Rates
Transferring your mortgage could allow you to take advantage of lower interest rates.
Term Length
A mortgage transfer would make it possible for you to choose a new term length.
Fixed vs Variable
A mortgage transfer would allow you to change from fixed to variable or variable to fixed.
Prepayment Privileges
Transferring your mortgage may open up different principal prepayment privileges.
Why Consider Choosing Me to Help You With Your Mortgage Transfer
You've definitely got a lot of options to consider if you're thinking about using a mortgage broker to handle the mortgage transfer process for you. Here are some of the things my clients value about working with me.