Port Coquitlam Mortgage
The mortgage renewal process is something that everyone with a Port Coquitlam mortgage, needs to be fully aware of. If you have a mortgage agreement, you are required to receive a renewal statement from the lender at least 21 days before the end of the current mortgage term. This type of notice will be sent to you in a document form unless you have consented to have it electronically sent through email. If the term of your current mortgage is coming to a close, be sure to be on the lookout for your Port Coquitlam Mortgage Renewal notice from
What to Look For With Mortgage Renewals
Be prepared for mortgage renewal notices
What Will the Renewal Notice Contain?
The renewal statement that you will receive will have basically the same type of information that is included in your current mortgage agreement. This includes the balance that remains on the principal owed at the time of the renewal date. Interest rate, payment frequency and any changes to the terms should also be included in the renewal statement. In the case that your mortgage is not being renewed, you will be notified at least 21 days prior.
How Early Should You begin Shopping Around?
It is never a good idea to wait until you obtain a renewal letter from your lender to begin shopping around for another mortgage broker. Being proactive with your current mortgage agreement is the best way to save yourself money and headaches along the way. You can begin looking for a better mortgage option with terms and conditions that appeal more to your needs before you even receive a renewal notice.
Discounted Interest Rate
Since your mortgage is probably one of the largest bills that you pay, it is always a good idea to take an active approach to the mortgage renewal process. A trusted Port Coquitlam mortgage broker serving the Tri-Cities, Coquitlam, and Port Moody might be able to help you to negotiate with your current lender for a discounted interest rate. This could save you a substantial amount of money over the duration of the mortgage. The rate that is quoted in your renewal notice might not actually be the lowest interest rate that you qualify for. It is important that you do some legwork with a mortgage broker to ensure that you are getting access to the lowest interest rate possible.
If you don’t take the time to be active about your current mortgage, it might be automatically renewed after the 21 day period passes.
What Our Clients Are Saying
I have been working with Milka since 2006. She is very professional and dedicated and always prompts to respond. She is extremely knowledgeable and a valuable source of guidance and support as she takes you through the process of Mortgage financing from start to finish. She really goes above and beyond for her clients and is committed to ensuring her clients always come out on top. I have already had 4 mortgages and 2 refinance with her since 2006 and she always gets me the best rates in the market. If you are looking for someone with great expertise who is helpful and always available every step of the way to help you complete your mortgage you must contact Milka.
Collaborated with Milka on my mortgage and refinancing this past week. She knows her industry, explains details and information clearly, and alleviates any issues or concerns.
She’s very personable and easy to approach as well, just a nice person to deal with who will have your back !
Milka did a great job for me! She has great experience dealing with independent business people and contractors, those of us who don’t fit easily into the boxes of conventional banking models. Even though my first time home purchase was a relatively small one, I never felt as if I were being treated any differently from her multi-million dollar clients. She patiently held my hand throughout the whole process and ironed out the wrinkles along the way. I would not hesitate to recommend her to my friends and colleagues.
I absolutely recommend Milka to my friends and family. This is our second time using her service as our mortgage broker.
Simply The Best Customer Service Ever!
Milka is so knowledgeable, caring and easy-going. I felt like she always had our best interests in mind. I would recommend her to anyone. She knows her stuff and will take the time to teach and explain things to you. She made the stress of buying a new home a little less so. Thank you, Milka!
Milka rocks! If you want a mortgage broker who does all the heavy lifting and is quick – making decision making and arrangement easy – Milka is the broker for you!!! She worked so hard…even for a 0.05% difference. We love that she’s a local to Tri-Cities and was able to refer us to local services (i.e. notary). Seriously…one-stop shopping with this lady and so efficient and knowledgable.
I am a first time home buyer with challenging finances (self-employed musician, etc.) I tried multiple mortgage brokers, Milka gave me the best deal and the best mortgage that worked for me. She was quick, thorough and very professional.
The best broker out there! When you are a busy realtor, you need to make sure you’re clients are in the best hands~
We have been working with Milka several times for the past few years. she has been very helpful and always response questions right away. Would definitely recommend!
Milka really helped me out with a new mortgage when I needed to cash out some of the equity in my home for an investment. As a small business owner it can be difficult to get a mortgage, but Milka was able to get exactly what I wanted! I highly recommend her.
Milka was great. she worked tirelessly to get us the best rate, while paying close attention to all our contractual requirements. she was an absolute pleasure to deal with. I highly recommend her services as mortgage broker, extraordinaire.
We started working with Milka in 2003 when we purchased our first home and have used Milka on a total of seven property purchases since. We have found Milka to be extremely knowledgeable, helpful and responsive and we keep going back to her because she delivers great results. We highly recommend Milka Lukacevic as a mortgage broker.
Milka was extremely helpul with our mortgage renewal. She has excellent knowledge of who the best lenders are and what the best rates are, and helped explain what makes some lenders better than others. She is extremely responsive and very client centric. I will be recommending her to all my friends and family.
Feeling a bit beaten by the life misfortune we met Milka lukacevic to refinance our mortgage. We have found a European, warm , empathetic Lady who helped and alleviated our stress. Extremely professional, knowledgeable competent ,easy going person.She is the best mortgage broker ever! !!It was an absolute please to deal with her in this quite challenging experience. We will certainly recommend her service to our family and friends
Over 25 Years of Lending Experience