If your mortgage renewal letter is landing in your mailbox soon, promise me one thing: do not just sign it and send it back!
Banks count on busy Oxford County homeowners blindly signing paperwork because it feels easy. Doing that can cost you thousands over your next term.
Case in point: bond yields recently eased, yet major retail banks actually raised some advertised fixed rates to protect their margins. If you accept your bank’s initial renewal offer, you’re likely paying for their overhead instead of getting the best deal.
I don't work for the banks—I work for YOU. Here is how I go to bat for your household budget:
We Start 120 Days Early: We lock in a competitive rate hold months before your term ends.
We Shop 50+ Lenders: Independent lenders and credit unions often price far more aggressively than big retail branches.
We Keep the Pressure On: If market yields fall closer to your renewal date, I fight to push your locked-in rate down.
Cover Your Switching Costs: On most standard straight-transfer renewals, the new lender often covers the transfer, legal, and appraisal fees—meaning no out-of-pocket costs for you in many cases!
Your mortgage is likely your biggest expense. You worked hard for your home—don't hand over extra money just because a bank letter made it look simple.
Is your mortgage renewing in the next 4 to 6 months? Reach out to me today for a free, zero-obligation renewal review!