If your mortgage renewal is approaching, it may feel easiest to simply accept the offer your lender sends, but that quick signature could end up costing you. You’re never obligated to take your lender’s first offer, and with today’s shifting market, taking a moment to review your options can make a meaningful impact on your long-term finances.

A renewal is an ideal time to reassess whether your current mortgage still aligns with your goals. You may be able to negotiate a more competitive rate, adjust your term or mortgage type to better suit your lifestyle, or even use your home equity to tackle renovations, consolidate debt, or pursue new investment opportunities. In some cases, you can also switch to a new lender without needing to requalify under the Stress Test, giving you even more flexibility.

This process doesn’t have to feel overwhelming, and you don’t have to navigate it alone. I can compare options across multiple lenders, walk you through the pros and cons of fixed and variable choices, help you explore ways to improve cash flow, and secure a rate hold while you evaluate your next steps. Most importantly, I can ensure your mortgage continues to support your evolving financial plan rather than work against rising costs.

Before you sign your renewal, it’s worth taking a second look.