Make your next project in Markham a success with our curated list of local providers. Backed by our standards for Ontario, you can proceed with confidence. Connect with trusted mortgage renewal providers in Markham.
Connecting you with top-rated pros in Greater Markham and nearby.
Compare licensed professionals who can help you review rates, terms, and lender options before your renewal date.
A simple process to review mortgage renewal options and understand your choices before your term ends.
Tell us about your current mortgage, renewal date, and what you’re looking for next. This helps us understand the type of mortgage renewal support you need.
We’ll connect you with licensed mortgage professionals who can share renewal options based on your situation. Review rates, terms, and features at your own pace.
Compare experience, ask questions, and select the mortgage professional who best fits your renewal goals and timeline.
What to expect
A mortgage renewal happens when your current mortgage term ends and you must choose new terms with your existing lender or switch to a different one. Many homeowners are offered a renewal automatically, but accepting it without review may limit your options or flexibility.
Renewal time is a chance to review your interest rate, term length, payment structure, and features such as prepayment options. Comparing offers can help you understand what is available in the current market and whether another lender may better fit your goals.
Mortgage renewal does not always require a full reapplication, but switching lenders may involve qualification checks, legal fees, or appraisal costs. A mortgage professional can explain these factors clearly and help you weigh convenience against potential long-term costs.
Pro Tip
Start reviewing your renewal options at least four months before your term ends.
Many homeowners believe renewal means staying with the same lender, but this is not required. At renewal, you can often renegotiate terms or move your mortgage to another lender offering different rates or features. Options may include changing from a fixed to variable rate, adjusting the term length, or adding flexibility such as prepayment privileges. Reviewing multiple offers helps you understand trade-offs between rate, stability, and long-term cost. A professional comparison can clarify which option aligns best with your financial plans and comfort level.
Lenders often send renewal offers close to the end of your term, which can limit your time to review alternatives. Starting early gives you room to compare rates, ask questions, and prepare paperwork if switching lenders. Early planning can also reduce stress and help avoid automatic renewals that may not reflect current market conditions. Understanding timelines and potential fees ensures you make an informed decision before your renewal deadline.
In Ontario, mortgage brokers and agents are licensed by the Financial Services Regulatory Authority of Ontario (FSRA). Ensure your insurance and real estate professionals are also registered with their respective provincial bodies (RIBO, RECO) to guarantee consumer protection and adherence to provincial standards.
We aim to partner with professionals who meet all regulatory requirements for Ontario, ensuring your peace of mind when selecting a service provider in Markham.
Learn how mortgage renewals work in Canada and what homeowners should expect.
Livin2
Jan 9, 2026
Maple Ridge Mortgage Group helps homeowners review renewal options with a clear, practical approach focused on long-term planning.
The team works with multiple lenders across Canada, helping clients compare renewal terms, understand costs, and avoid rushed decisions at renewal time.
Their advisors focus on education first, explaining how rates, terms, and features affect payments so homeowners can choose confidently.
Most homeowners can begin reviewing renewal options about 120 days before their mortgage term ends. Starting early gives you time to compare lenders, review terms, and understand any fees if switching.
If you stay with your current lender, requalification is often not required. Switching lenders may involve income and credit checks, which a professional can help you prepare for.
Costs vary based on lender, mortgage size, and whether you switch providers.
based on 18400 reviews
"The advisor explained my renewal options clearly and helped me compare terms without pressure. I felt informed before making a decision. "
"I almost signed my bank’s offer but decided to compare first. The process was simple and gave me better clarity. "
Explore other mortgage and home financing services available to you.
Learn how mortgage renewals work and what to consider.
Learn about common mortgage renewal mistakes and how homeowners can avoid costly outcomes.
Learn how homeowners can negotiate a better mortgage renewal rate in Canada.
Learn what happens if you don’t renew your mortgage on time and how to avoid problems.
Learn the difference between mortgage renewal and refinancing and when each applies.
Learn when to start shopping your mortgage renewal and why timing matters.
Learn how mortgage renewals work in Canada and what homeowners should expect.
Understand costs, fees, and what can affect renewal pricing.
Learn how early mortgage renewal compares to waiting and how timing affects cost.
Learn when switching lenders at mortgage renewal makes sense and what costs to consider.
Learn how fixed and variable mortgage options compare at renewal and how costs differ.
Learn how mortgage renewal payments change at different interest rates.
Learn what mortgage renewal really costs, including fees and the impact of rate changes.
Learn what mortgage renewal rates look like in Canada and how they affect homeowners.
Compare mortgage renewal professionals and review your options before your term ends.
Quick answers to common questions about finding local professionals.
Local pros in Markham understand regional market trends, specific bylaws, and neighborhood property values better than national call centers.