The letter is priced to be signed
A renewal offer is built on the assumption you won't shop it. It's a starting position, and it's the only one you get automatically.
Renewing soon?
Your renewal letter is an offer, and you can shop it.
Most people sign the first number their bank sends. At renewal you can move lenders without a penalty, so that number should be the start of the conversation. Rafee compares it against 50+ lenders before you commit to anything.
You'll be speaking with Rafee You're all set. Pick your time below.
Book a strategy callPrefer to talk? Call 416-524-9527.
50+ lenders accessible via Perch · $48M+ mortgage volume reviewed and structured · 320+ files across A, Alt-A and private lending · 0 credit pulls needed to get a first number
Ontario-licensed
Rafee compares your file across 50+ lenders through Perch Mortgage, covering A, Alt-A and private options.
It costs nothing to talk and there's no obligation to move. Serving Toronto, Mississauga, Brampton and across Ontario.
Why the offer in your mailbox is rarely worth signing without comparing it first
Renewal is the one moment your lender has to compete for you, and the one moment most people don't make them.
Switching at renewal costs nothing
Mid-term, breaking a mortgage carries a penalty. At renewal that penalty doesn't apply, which is exactly why this window is worth using.
Rate is one variable of several
Term length, prepayment privileges, portability and penalty structure all follow you for years. A slightly better rate on worse terms can cost you more.
What we offer
- Mortgage renewals and lender switches
- First-time buyer financing
- Refinancing and equity access
- Debt consolidation through a mortgage
- Self-employed and newcomer financing
- Investment property financing
Frequently asked questions
Does switching lenders at renewal cost me anything?
At renewal there's no prepayment penalty for moving. Some lenders charge small discharge or transfer fees, and Rafee will tell you what applies to your file before you decide.
How long before my renewal date should we talk?
Four to six months out gives you room. Lenders commonly hold a rate for up to 120 days, so starting early costs nothing and keeps your options open.
Will this affect my credit score?
No credit pull is needed to get a first number and see where you stand. A pull only happens when you decide to move forward on an actual application.
Reserve your spot, then pick a time
Leave your details and we'll hold your spot, then you go straight to the booking page to pick a time that suits you.