Our mortgage agent of the week is Darren Ward, coming to us from a corner office 700km away in Calgary. Over 80% of Darren’s business is still being done here in Grande Prairie and the surrounding areas.
Darren was born in Grande Prairie and raised in La Glace so he’s ready to answer your local questions!
Q – Can I switch from my current mortgage lender and when is a good time to do this?
Darren – Great question, you can switch from your current lender and the best time to do this is at your mortgage renewal date. If you have a standard mortgage (no HELOC attached) you can switch and the new lender will cover the costs, plus you get yourself the best possible rate out there. Even if you do have a HELOC, there will be a processing fee involved but this can still be done.
Are you wondering if a switch is good for you? With 47% of all mortgages in Canada coming up for renewal in 2018, this may be a good time for you to check!
Dominion Lending Centres HT Mortgage Group
Office: (780) 513-6611
Cell: (403) 805-5322