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What to do if you need to lower your mortgage interest rate

Allison Cosgrove, Mortgage Broker with Sherwood Mortgage Group, offers advice on getting the best rates
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Whether you're a first-time homeowner or have been living in your house for years, it's always important to ensure you're getting the best possible deal on your mortgage.

First things first, if you're looking to lower your mortgage rate, consider enlisting the help of a mortgage broker.

Not sure what a mortgage broker does? A mortgage broker is like your personal home loan guide - they have access to a wide range of lenders and are experts in matching homeowners with the right mortgage product. They negotiate the best rates on your behalf, saving you time, stress, and most importantly, money.

Working with a mortgage broker can be particularly beneficial because they can help you ask the right questions, compare mortgage rates and privileges, and design a mortgage based on your needs. Plus, they can help you understand how to make your mortgage work for you.

Sherwood Mortgage Group is a brokerage firm, but not just any mortgage brokerage—they are here for Canadians like you who are looking to fall in love with their first home, move up to their dream home or vacation property, or renew a mortgage using the equity in a home for everything from renovations to debt consolidation.

Sherwood Mortgage Group is an established national Mortgage Brokerage led by a seasoned management team and supported by a network of experienced and caring professionals. They treat every mortgage solution as if they were working with you to build your dream home, carefully constructed to match your unique requirements.

Collectively, they have access to more than 50 lending institutions, including major banks, credit unions, trusts, and other national and regional lenders. This ensures that they can provide the right mortgage solution for your needs today and tomorrow. With their corporate head office conveniently located in North York and regional offices located in various provinces across the country, they are always within reach.

So, before you sign on a home, it is strongly recommended that you talk to a mortgage broker. They'll help you get your approval on that first-time home buyer loan or home improvement loan squared away.

When you find your dream home, you’ll have the confidence to secure it.

Don't wait! Reach out today and start building a secure future in your dream home. Remember, the right mortgage solution is just a conversation away!


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This article was sponsored by Allison Cosgrove Mortgage Broker Sherwood Mortgage Group, a 2023 BurlingtonToday Reader Favourite.


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