Service
Renewals
Your renewal is the one moment your lender has to compete for your business. Make sure they do.
Overview
Most lenders send a renewal offer a few weeks before your term ends, and most homeowners sign it without looking. That offer is rarely the lender's best rate. Cody reviews your renewal against the whole market and, if a switch makes sense, handles the transfer at little or no cost to you.
Who this is for
- Homeowners with a term ending in the next 6 months
- Anyone whose finances or goals have changed since the last term
- Owners who want to shorten their amortization or add prepayment room
- Borrowers renewing after a rate change and worried about payments
How it works
Start early
Reach out up to 120 days before your maturity date. That's when rate holds begin and you have the most leverage.
Compare the market
Cody reviews your lender's offer alongside options from dozens of other lenders, including switch incentives.
Renew or switch
Stay with a better rate, or move to a new lender. Either way, Cody handles the paperwork so there's no gap.
Common questions
Does it cost anything to switch lenders at renewal?
Often the new lender covers legal and appraisal costs on a straight switch. Cody will confirm what's covered before you decide.
Do I need to requalify at renewal?
If you stay with your current lender, usually not. If you switch, the new lender will review your income and credit. Cody will tell you early if that's likely to be an issue.
When should I start looking?
About four months before your term ends. Rate holds typically last 120 days, so starting early locks in protection if rates rise.
Ready to talk about your mortgage?
Book a free, no-pressure call. Cody will walk you through your options and what to expect, in plain language.