Renewals

Questions to ask before you sign a renewal

A few focused questions can make your next term a better fit.

What might change?

List planned moves, renovations, career changes and debt repayments. Explain these to your broker before selecting a term.

Ask about extra payments, portability, a future refinance and the method used to calculate a payout penalty.

Compare interest, fees and any conditions attached to promotional offers. Keep written terms for the option you select.

Bring your questions. We’ll work through the options.