When it comes to the renewal of your mortgage, do you know about all the options you have available? As a homeowner, you can reconsider your existing mortgage lender to find a better rate for mortgage renewal. Many homeowners prefer not to search for a new lender for their current mortgage because they think it is either too time-consuming or that their present mortgage lender is giving the best rates.

According to a RateHub mortgage consumer survey, more than half of the homeowners did not negotiate or ask for a better mortgage rate while renewing their mortgages. The lenders are unlikely to offer their best price at the time of renewal. It is because they know that most of the homeowners don’t want to get into the hassle of finding and dealing with a new mortgage lender.

Searching the best deal is a tricky and time-consuming activity. This is why Mortgage Architects provides you with mortgage renewal services. We search on your behalf to get you the best possible rates upon renewal. However, we strongly recommend that you start exploring the options at least four months before your mortgage terms end. This gives ample time to hunt for the best solution that offers maximum benefits.