Mortgage Renewals
Ready to make your largest debt disappear?
Here’s how we’re going to make it happen!
Step 1
The Discovery Call
It’s All About You!
In this step we’ll have a casual conversation and:
- Discuss how the mortgage is fitting with your budget
- Talk about your current and future financial needs
- Review timeframes with your current home
- Go through some rough mortgage scenarios
After going through this step you’ll breath easier and realize you made the right call by reaching out to us.
Step 2
Develop a financing plan
Leave the number crunching to us!
In this step we’ll work our magic behind the scenes and:
- Present you with a financing plan
- Show you options to save money (think thousands!)
- Discuss which lenders fit your current and future needs
- Discuss real estate investing options (optional)
After this step you’ll feel confident that you have a plan to make your mortgage go away!
Step 3
Meet Your New Lender
Don’t worry we’ll do all the leg work!
In this step our experience really shines through! And we’ll be there to:
- Get your new financing approved
- Explain all the terms and options
- Satisfy the lender conditions
- Help with the transferring the relationship
This step is usually has a lot of moving pieces Don’t worry, we roll out the red carpet. All you have to do is walk down it, looking fabulous!
Step 4
On Going Mortgage Reviews
Ironically the end is just the beginning
In this final and ongoing step we’ll be there guide you through:
- Understanding future Bank of Canada updates
- How government rule changes impact your mortgage
- Annual reviews to confirm you’re on track
- A sounding board for other financial matters
After this stage, clients often comment on how easy we made the entire process and how much better they sleep at night, knowing that they now have a lifelong mortgage advisor.
Mortgage Financing Plan in Place
& Payments Under Control.
How amazing does that feel?!
Why use a mortgage Broker?
Banker vs Nishka Riley Mortgage Team
Nishka Riley Mortgage Team
Product Options
We have access to various lenders, providing a wide range of mortgage products.- Interest Rates
We can often offer competitive interest rates by shopping around among multiple lenders. - Personalized Service
We work independently and focus on your needs, offering personalized guidance. - Communication
We maintain clear and open communication, ensuring you understand the entire process. - Flexibility and Advocacy
We are your advocate. We work to find the best terms and conditions to meet your financing needs.
Banker
Product Options
Limited to offering only the products available within their own bank- Interest Rates
Bankers are confined to the rates set by their own institution, potentially limiting options. - Personalized Service
Bankers are constrained by the policies and procedures of their specific bank. - Communication
Bankers wear many hats and may not have the time to communicate the progress of your file. - Flexibility and Advocacy
Bankers represent the interests of their employer, which may not always align with the borrower's best interests.
How The Nishka Riley Mortgage
Team Can Help You
Over the past 20 years, we’ve been helping people like yourself call North Vancouver, Squamish and Vancouver home. If you’re in the early stages of your renewal or refinance research, download our award winning mortgage calculator. Since we are a part of the Dominion Lending Centres network, we have access to lenders like Scotiabank, TD Canada Trust, Blueshore Credit Union, MCAP and dozens more. Because of our lender relationships, we can find a mortgage solution that meets your needs. Renewing or refinancing your mortgage involves reevaluating a lot of aspects of your life. If you are self-employed or have credit challenges, you’ll want to harness our experience to guide you through the mortgage maze. We can help you navigate decisions like: fixed vs variable, short or long term rates, should we consolidate our debt and how do we lower our monthly payments? We’ll be there every step of the way and help you with each one. Come experience why we are one of the highest ranked North Vancouver mortgage brokers by Google reviews.
Things To Know When You Are Refinancing Or Renewing
Common questions and misconceptions
Refinancing For
Debt
Consolidation
Sometimes, life gets away from us, and as a result, our lines of credit creep up to their limits. Your mortgage can be a powerful tool to reorganize debt. During our discovery call, we'll do the math to see if consolidating them into your mortgage makes sense. Don't worry, we'll get you back on track. Aren't you feeling lighter already?
Refinancing
Due To
Divorce
The past few years have been difficult emotionally and financially. Because of that, we’re having more and more conversations about divorce and finances. Our team can guide you through the next steps and the various programs that allow you to divide your assets and start a new life. Breaking up doesn’t have to be hard to do.
Stay or Leave
My Current
Bank?
Should you stay or should you go now? Leaving your current bank can feel like a massive undertaking. Our unique 4 step process makes the transition simple and smooth. A second opinion on your bank’s renewal offer will guarantee one of two things - saving thousands of dollars or peace of mind. We often achieve both for our clients!
What Our Clients Are Saying
Get a feel of how we work with people just like you