A mortgage transfer is a great option for homeowners who want to reduce costs or improve their conditions. Instead of automatically staying with your current lender, you can transfer your mortgage to a new lender and take advantage of more competitive interest rates, greater flexibility, and solutions tailored to your financial goals.
A mortgage transfer means moving your existing mortgage contract from your current lender to another. This process usually happens at the time of mortgage renewal, but it can also be done before the term ends, under certain conditions, sometimes with a penalty or fees.
Your transferred mortgage often keeps the same balance, remaining term (e.g., 3 or 5 years), and rate type, but you benefit from a new lender offering you better terms.
A mortgage renewal is an excellent opportunity to compare the market and consider a transfer. The benefits include:
Savings
Lower your costs with competitive mortgage rates
Flexibility
Adapt repayment terms to your current financial reality
Security
Choose a fixed-rate or closed mortgage to keep payments under control
Options
Use a mortgage transfer to adjust your strategy at the next renewal
Our specialists compare available offers and guide you through every step of the mortgage transfer. We review your mortgage contract, evaluate rates from different lenders, and negotiate with a new lender to get you the best conditions. Whether you are at renewal or want to transfer before your term ends, we help you choose the most advantageous solution.
