Mortgage Renewals

Your Ideal Time To Compare Mortgage Rates & Save Big!

Welcome to River City Financial, your source for Mortgage Renewal information.

At River City Financial, our mortgage and financial team is here to help provide you with useful information on your maturing mortgage. If you’re nearing the end of your home’s mortgage and are ready to learn about other financial options, our team is here to help. With years of experience and world class service, you will feel right at home working with River City Financial. Our team of professional Edmonton mortgage brokers will work to earn your trust as it is our goal to earn your lifelong business.

We hope you will consider River City Financial as your Edmonton & area source for mortgage renewal and maturing mortgage services. Whether you’re just on the lookout for useful information and tips or you are ready to negotiate new terms, we encourage you to reach out to one of our dedicated and professional mortgage brokers. You can reach us by phone at (780) 761-2179 or via email at Like us on Facebook for even more up to date news and information!

What exactly are mortgage renewals?

A mortgage renewal happens when the term expires on your current mortgage. It’s the ideal time to shop around for better mortgage rates or re-negotiate financing with your current lender.

What are the benefits/options of getting a mortgage renewal?

Mortgages rates in Canada are set for terms of expiry, 3, 5, 7, 10 year terms, although we borrow at a 25 year amortization, our interests rates are segmented into terms of time to repay at certain interest rates.

For example, most people take a five year term of some sort and then when that term is ready to expire (up for renewal) it is time to renegotiate. Banks count on people being lazy and poorly informed and often offer them a rate of renewal that is higher than what they can get with a conversation and a little more paperwork with a Broker. The savings cost by renewing and renegotiating your mortgage are very big!

Why should I renew my mortgage with River City Financial?

An expert mortgage broker from our team will compare the renewal offer from your current institution among a variety of options within our network of over 50 lenders. We determine the best and most affordable mortgage for you, rather than accepting your current offer at face value. Unlike banks, mortgage brokers work for you and have a mutual interest in providing the best mortgage rates.

By enlisting our help with your mortgage renewal, you not only have the benefit of comparing your offer dozens of other financial institutions, you have peace of mind knowing a mortgage professional is looking out for your best interests.

What’s Next ?

*Subject to approved credit, income verification and meeting lending credit granting criteria. Applies to residential mortgages only and some conditions may apply. O.A.C., E.O.E All content is subject to change without notice.

Don’t sign your renewal papers without giving us a call.

Just signed? Give us a call anyways, we can still save you money!

Call Us 780-761-2179