{"id":2387,"date":"2022-06-13T16:40:59","date_gmt":"2022-06-13T20:40:59","guid":{"rendered":"https:\/\/lescourtiershypothecaires.ca\/services-renouvellement\/"},"modified":"2024-10-31T13:52:33","modified_gmt":"2024-10-31T17:52:33","slug":"mortgage-renewal-services","status":"publish","type":"page","link":"https:\/\/lescourtiershypothecaires.ca\/en\/mortgage-renewal-services\/","title":{"rendered":"Renew Services"},"content":{"rendered":"<p>[vc_row full_height=&#8221;yes&#8221; columns_placement=&#8221;bottom&#8221; parallax=&#8221;enable_parallax&#8221; enable_content_animation=&#8221;yes&#8221; ca_init_scale_x=&#8221;1&#8243; ca_init_scale_y=&#8221;1&#8243; ca_init_opacity=&#8221;0&#8243; ca_an_scale_x=&#8221;1&#8243; ca_an_scale_y=&#8221;1&#8243; ca_an_opacity=&#8221;1&#8243; bg_position=&#8221;custom&#8221; enable_overlay=&#8221;yes&#8221; css=&#8221;.vc_custom_1663621616707{padding-bottom: 100px !important;background: #111214 url(https:\/\/lescourtiershypothecaires.ca\/wp-content\/uploads\/2022\/08\/the-bialons-x_CEJ7kn4w4-unsplash.jpg?id=954);background-position:center;background-repeat:-repeat;background-size:cover;}&#8221; responsive_css=&#8221;padding_top_large:200px|padding_bottom_large:200px|padding_right_medium:7%25|padding_bottom_medium:15vw|padding_left_medium:7%25|padding_top_small:0px&#8221; ca_duration=&#8221;1600&#8243; ca_start_delay=&#8221;850&#8243; ca_delay=&#8221;160&#8243; ca_init_translate_y=&#8221;25&#8243; bg_pos_h=&#8221;80%&#8221; bg_pos_v=&#8221;50%&#8221; overlay_bg=&#8221;rgba(0, 0, 0, 0.69)&#8221;][vc_column]<style>.ld_fancy_heading_69ed083002726 h1{color:rgb(255, 255, 255);}.ld_fancy_heading_69ed083002726 h1 {padding-top:100px !important;  } .ld_fancy_heading_69ed083002726 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_69ed083002726 h1 {padding-top:100px !important;  } <\/style><div class=\"ld-fancy-heading text-center ld_fancy_heading_69ed083002726\">\n\t<h1 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default lqd-split-lines h1\"   data-split-text=\"true\" data-split-options='{\"type\":\"lines\"}'>  <\/p>\n<h1><span style=\"font-weight: 400\">Mortgage Renewal<\/span><\/h1>\n<p><\/h1><\/div>[vc_row_inner css=&#8221;.vc_custom_1662633910035{padding-top: 20px !important;padding-bottom: 20px !important;}&#8221;][vc_column_inner responsive_align=&#8221;text-center&#8221;][vc_column_text el_class=&#8221;white-text&#8221;]<\/p>\n<p style=\"text-align: center;\">As your mortgage nears maturity, your lender usually sends you a renewal offer. How does this affect the repayment of your loan? Find out more about mortgage renewal from the mortgage brokers at Equipe Distinction!<\/p>\n<h4 style=\"text-align: center;\">Looking to improve your mortgage terms with a renewal?<\/h4>\n<p>[\/vc_column_text]<style>.ld_button_69ed083005c44.btn-icon-solid .btn-icon{background:#b8952c;}.ld_button_69ed083005c44.btn-icon-circle.btn-icon-ripple .btn-icon:before{border-color:#b8952c;}.ld_button_69ed083005c44.btn-icon-solid:hover .btn-icon{background:rgb(0, 0, 0);}.ld_button_69ed083005c44{background-color:#b8952c;border-color:#b8952c;}.ld_button_69ed083005c44:hover{background-color:rgb(0, 0, 0);border-color:rgb(0, 0, 0);color:rgb(255, 255, 255);}.ld_button_69ed083005c44 .btn-gradient-bg-hover{background:-webkit-linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);background:linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);}.ld_button_69ed083005c44 .btn-gradient-border defs stop:first-child{stop-color:#b8952c;}.ld_button_69ed083005c44 .btn-gradient-border defs stop:last-child{stop-color:#b8952c;}.ld_button_69ed083005c44:hover .btn-gradient-border defs stop:first-child{stop-color:rgb(0, 0, 0);}.ld_button_69ed083005c44:hover .btn-gradient-border defs stop:last-child{stop-color:rgb(0, 0, 0);}<\/style><a href=\"\/en\/mortgage-renewal\/\" class=\"btn btn-solid text-uppercase btn-hover-txt-liquid-x btn-xsm circle border-thin btn-hover-swp btn-has-label ld_button_69ed083005c44 vc_custom_1671064571675\" >\n\t<span>\n\t\n\t\t\t\t\t<span class=\"btn-txt\" data-text=\"GET MY renewal\" data-split-text=\"true\"\n\t\t\t\t\t    data-split-options='{\"type\": \"chars, words\"}'>GET MY renewal<\/span>\n\t\t\n\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t\t\t<\/span>\n<\/a>\n[vc_raw_html el_class=&#8221;btn-calendly&#8221;]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[\/vc_raw_html][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column css=&#8221;.vc_custom_1608189980216{padding-top: 17px !important;}&#8221;][vc_separator color=&#8221;custom&#8221; accent_color=&#8221;rgba(255,255,255,0.23)&#8221;][\/vc_column][\/vc_row][vc_row parallax=&#8221;enable_parallax&#8221; css=&#8221;.vc_custom_1663638005119{padding-top: 50px !important;padding-bottom: 100px !important;background-image: url(https:\/\/lescourtiershypothecaires.ca\/wp-content\/uploads\/2022\/07\/drew-beamer-kUHfMW8awpE-unsplash.jpg?id=821) !important;background-position: center;background-repeat: no-repeat;background-size:cover;}&#8221;][vc_column enable_hover_move=&#8221;lqd-column-move-onhover&#8221; width=&#8221;1\/2&#8243; enable_content_animation=&#8221;yes&#8221; ca_init_scale_x=&#8221;1&#8243; ca_init_scale_y=&#8221;1&#8243; ca_init_opacity=&#8221;1&#8243; ca_an_scale_x=&#8221;1&#8243; ca_an_scale_y=&#8221;1&#8243; ca_an_opacity=&#8221;1&#8243; css=&#8221;.vc_custom_1660816182660{padding-top: 100px !important;}&#8221; ca_duration=&#8221;1800&#8243; ca_delay=&#8221;180&#8243; ca_init_translate_y=&#8221;35&#8243;]<style>.ld_fancy_heading_69ed0830070c6 h6 {font-size:13px; } .ld_fancy_heading_69ed0830070c6 h6 {font-weight:700; } .ld_fancy_heading_69ed0830070c6 h6 {letter-spacing:0.7em; } .ld_fancy_heading_69ed0830070c6 h6 {margin-bottom:2em !important;  } .ld_fancy_heading_69ed0830070c6 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_69ed0830070c6 h6 {font-size:13px; } .ld_fancy_heading_69ed0830070c6 h6 {font-weight:700; } .ld_fancy_heading_69ed0830070c6 h6 {letter-spacing:0.7em; } .ld_fancy_heading_69ed0830070c6 h6 {margin-bottom:2em !important;  } <\/style><div class=\"ld-fancy-heading text-uppercase ld_fancy_heading_69ed0830070c6\">\n\t<h6 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  mortgage renewal<\/h6><\/div><style>.ld_fancy_heading_69ed0830081f5 h2{color:rgb(0, 0, 0);}.ld_fancy_heading_69ed0830081f5 h2 {font-size:60px; } .ld_fancy_heading_69ed0830081f5 h2 {line-height:60px; } .ld_fancy_heading_69ed0830081f5 h2 {--element-line-height:60px; } .ld_fancy_heading_69ed0830081f5 h2 {font-weight:500; } .ld_fancy_heading_69ed0830081f5 h2 {margin-bottom:0.6em !important;  } .ld_fancy_heading_69ed0830081f5 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_69ed0830081f5 h2 {font-size:60px; } .ld_fancy_heading_69ed0830081f5 h2 {line-height:60px; } .ld_fancy_heading_69ed0830081f5 h2 {--element-line-height:60px; } .ld_fancy_heading_69ed0830081f5 h2 {font-weight:500; } .ld_fancy_heading_69ed0830081f5 h2 {margin-bottom:0.6em !important;  } <\/style><div class=\"ld-fancy-heading ld_fancy_heading_69ed0830081f5\">\n\t<h2 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  Multi-Pr\u00eats<\/h2><\/div>[vc_separator color=&#8221;custom&#8221; align=&#8221;align_left&#8221; border_width=&#8221;2&#8243; el_width=&#8221;20&#8243; accent_color=&#8221;rgb(143, 143, 143)&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243; enable_content_animation=&#8221;yes&#8221; ca_init_scale_x=&#8221;1&#8243; ca_init_scale_y=&#8221;1&#8243; ca_init_opacity=&#8221;1&#8243; ca_an_scale_x=&#8221;1&#8243; ca_an_scale_y=&#8221;1&#8243; ca_an_opacity=&#8221;1&#8243; responsive_css=&#8221;margin_right_large:-50px&#8221; ca_duration=&#8221;1000&#8243; ca_delay=&#8221;120&#8243; ca_init_translate_y=&#8221;70&#8243;]<style>.ld_fancy_heading_69ed083009145 h2{color:rgb(0, 0, 0);}.ld_fancy_heading_69ed083009145 h2 {padding-top:100px !important;  } .ld_fancy_heading_69ed083009145 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_69ed083009145 h2 {padding-top:100px !important;  } <\/style><div class=\"ld-fancy-heading ld_fancy_heading_69ed083009145\">\n\t<h2 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default lqd-split-lines h2\"   data-split-text=\"true\" data-split-options='{\"type\":\"lines\"}'>  What is a mortgage renewal?<\/h2><\/div>[vc_column_text el_class=&#8221;ps-text&#8221;]<span style=\"font-weight: 400;\">First of all, mortgage renewal should not be confused with refinancing. Refinancing allows you to borrow more money from your bank or another institution to carry out a personal project or consolidate your debts, for example, by using the equity available in your property. <\/span><b>A mortgage renewal<\/b><span style=\"font-weight: 400;\">, on the other hand, does not entitle you to any additional financing. Instead, you continue to repay your mortgage, but on new terms.<\/span>[\/vc_column_text]<style>.vc_accordion_69ed083009d1a .accordion-title{font-size:16px;line-height:28px;font-weight:400;}.vc_accordion_69ed083009d1a .accordion-item.active .accordion-title a{color:rgb(255, 255, 255);background:#b8952c;}.vc_accordion_69ed083009d1a .accordion-title a{background:rgb(255, 255, 255);}.vc_accordion_69ed083009d1a .accordion-title a, .vc_accordion_69ed083009d1a .accordion-item{border-color:rgb(255, 255, 255);}.vc_accordion_69ed083009d1a .accordion-item:not(:last-child){margin-bottom:20px;}<\/style><div class=\"accordion accordion-lg accordion-active-has-fill accordion-title-bordered accordion-expander-lg vc_accordion_69ed083009d1a\" id=\"vc_accordion_69ed083009d1a\"\n     role=\"tablist\" aria-multiselectable=\"true\">\n\n\t            <div class=\"accordion-item panel  active \">\n\n                <div class=\"accordion-heading\" role=\"tab\" id=\"heading_lqd-1575466271794-292b803f-ecd6186b-33ea\" data-id=\"lqd-1575466271794-292b803f-ecd6186b-33ea\">\n                    <h4 class=\"accordion-title\" data-controls=\"lqd-1575466271794-292b803f-ecd6186b-33ea\" tabindex=\"-1\">\n                        <a tabindex=\"0\" class=\"\" data-toggle=\"collapse\"  data-bs-toggle=\"collapse\"\n                           data-parent=\"#vc_accordion_69ed083009d1a\" data-bs-parent=\"#vc_accordion_69ed083009d1a\" href=\"#lqd-1575466271794-292b803f-ecd6186b-33ea\" data-bs-target=\"#lqd-1575466271794-292b803f-ecd6186b-33ea\"\n                           aria-expanded=\"true\" aria-controls=\"lqd-1575466271794-292b803f-ecd6186b-33ea\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tRenewal\n\t\t\t\t\t\t\t                                <span class=\"accordion-expander\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-arrow-down\"><\/i>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-arrow-up\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n                        <\/a>\n\n                    <\/h4>\n                <\/div>\n\n                <div id=\"lqd-1575466271794-292b803f-ecd6186b-33ea\" class=\"accordion-collapse collapse show\"\n                    data-bs-parent=\"#vc_accordion_69ed083009d1a\" role=\"tabpanel\" aria-labelledby=\"heading_lqd-1575466271794-292b803f-ecd6186b-33ea\">\n                    <div class=\"accordion-content\">\n\t\t\t\t\t\t[vc_column_text]<b>Renewing your home mortgage <\/b><span style=\"font-weight: 400;\">is usually done four to six months before your current mortgage expires. Your lender will send you a renewal offer, giving you the choice of paying off your mortgage in full or spreading the payments and remaining mortgage balance over a new term. At this stage, you can negotiate an interest rate and new financing terms. It&#8217;s vital to check current mortgage rates and consider the <\/span><b>mortgage renewal options available<\/b><span style=\"font-weight: 400;\"> to ensure you get the best possible deal.<\/span>[\/vc_column_text]                    <\/div>\n                <\/div>\n            <\/div>\n\t\t\t            <div class=\"accordion-item panel  \">\n\n                <div class=\"accordion-heading\" role=\"tab\" id=\"heading_ld-1575466481374-e9a15b23-39d2186b-33ea\" data-id=\"ld-1575466481374-e9a15b23-39d2186b-33ea\">\n                    <h4 class=\"accordion-title\" data-controls=\"ld-1575466481374-e9a15b23-39d2186b-33ea\" tabindex=\"-1\">\n                        <a tabindex=\"0\" class=\"collapsed\" data-toggle=\"collapse\"  data-bs-toggle=\"collapse\"\n                           data-parent=\"#vc_accordion_69ed083009d1a\" data-bs-parent=\"#vc_accordion_69ed083009d1a\" href=\"#ld-1575466481374-e9a15b23-39d2186b-33ea\" data-bs-target=\"#ld-1575466481374-e9a15b23-39d2186b-33ea\"\n                           aria-expanded=\"false\" aria-controls=\"ld-1575466481374-e9a15b23-39d2186b-33ea\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tThe mortgage contract\n\t\t\t\t\t\t\t                                <span class=\"accordion-expander\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-arrow-down\"><\/i>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-arrow-up\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n                        <\/a>\n\n                    <\/h4>\n                <\/div>\n\n                <div id=\"ld-1575466481374-e9a15b23-39d2186b-33ea\" class=\"accordion-collapse collapse\"\n                    data-bs-parent=\"#vc_accordion_69ed083009d1a\" role=\"tabpanel\" aria-labelledby=\"heading_ld-1575466481374-e9a15b23-39d2186b-33ea\">\n                    <div class=\"accordion-content\">\n\t\t\t\t\t\t[vc_column_text]<span style=\"font-weight: 400;\">Where it gets interesting is that mortgage rules in Canada allow you to <\/span><b>renew your mortgage<\/b><span style=\"font-weight: 400;\"> with your current lender OR with another financial institution. A mortgage contract is not like a marriage contract: at the end of the term, you are free to choose the lender that offers you the best terms. We therefore recommend that all our customers take a look at the promotions on offer just about everywhere before renewing with their bank. And if the grass is greener in the neighbour&#8217;s yard, don&#8217;t hesitate to jump the fence (hi! hi!)!<\/span>[\/vc_column_text]                    <\/div>\n                <\/div>\n            <\/div>\n\t\t\t            <div class=\"accordion-item panel  \">\n\n                <div class=\"accordion-heading\" role=\"tab\" id=\"heading_ld-1575466494877-1af59567-b066186b-33ea\" data-id=\"ld-1575466494877-1af59567-b066186b-33ea\">\n                    <h4 class=\"accordion-title\" data-controls=\"ld-1575466494877-1af59567-b066186b-33ea\" tabindex=\"-1\">\n                        <a tabindex=\"0\" class=\"collapsed\" data-toggle=\"collapse\"  data-bs-toggle=\"collapse\"\n                           data-parent=\"#vc_accordion_69ed083009d1a\" data-bs-parent=\"#vc_accordion_69ed083009d1a\" href=\"#ld-1575466494877-1af59567-b066186b-33ea\" data-bs-target=\"#ld-1575466494877-1af59567-b066186b-33ea\"\n                           aria-expanded=\"false\" aria-controls=\"ld-1575466494877-1af59567-b066186b-33ea\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tThe specialist broker\n\t\t\t\t\t\t\t                                <span class=\"accordion-expander\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-arrow-down\"><\/i>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-arrow-up\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n                        <\/a>\n\n                    <\/h4>\n                <\/div>\n\n                <div id=\"ld-1575466494877-1af59567-b066186b-33ea\" class=\"accordion-collapse collapse\"\n                    data-bs-parent=\"#vc_accordion_69ed083009d1a\" role=\"tabpanel\" aria-labelledby=\"heading_ld-1575466494877-1af59567-b066186b-33ea\">\n                    <div class=\"accordion-content\">\n\t\t\t\t\t\t[vc_column_text]<span style=\"font-weight: 400;\">That said, there are few, if any, fees associated with renewing a mortgage, as most lenders will cover the transfer costs. However, if you decide to change lenders before the end of your term, you&#8217;ll have to take your current lender&#8217;s penalty into account in our scenarios. And since this process must be carried out rigorously, using the expertise of a specialist broker is a sensible choice. Our professionals on the Distinction team will be happy to show you the options available to you. Believe it or not, you could be in for some very pleasant surprises!<\/span>[\/vc_column_text]                    <\/div>\n                <\/div>\n            <\/div>\n\t\t\t<\/div>[vc_separator color=&#8221;custom&#8221; align=&#8221;align_left&#8221; border_width=&#8221;2&#8243; el_width=&#8221;60&#8243; accent_color=&#8221;rgb(130, 130, 130)&#8221; css=&#8221;.vc_custom_1657548548337{padding-top: 5% !important;padding-bottom: 5% !important;}&#8221;]<style>.ld_button_69ed08300a0e8.btn-icon-solid .btn-icon{background:#b8952c;}.ld_button_69ed08300a0e8.btn-icon-circle.btn-icon-ripple .btn-icon:before{border-color:#b8952c;}.ld_button_69ed08300a0e8.btn-icon-solid:hover .btn-icon{background:rgb(0, 0, 0);}.ld_button_69ed08300a0e8{background-color:#b8952c;border-color:#b8952c;}.ld_button_69ed08300a0e8:hover{background-color:rgb(0, 0, 0);border-color:rgb(0, 0, 0);color:rgb(255, 255, 255);}.ld_button_69ed08300a0e8 .btn-gradient-bg-hover{background:-webkit-linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);background:linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);}.ld_button_69ed08300a0e8 .btn-gradient-border defs stop:first-child{stop-color:#b8952c;}.ld_button_69ed08300a0e8 .btn-gradient-border defs stop:last-child{stop-color:#b8952c;}.ld_button_69ed08300a0e8:hover .btn-gradient-border defs stop:first-child{stop-color:rgb(0, 0, 0);}.ld_button_69ed08300a0e8:hover .btn-gradient-border defs stop:last-child{stop-color:rgb(0, 0, 0);}<\/style><a href=\"\/en\/mortgage-renewal\/\" class=\"btn btn-solid text-uppercase btn-hover-txt-liquid-x btn-xsm circle border-thin btn-hover-swp btn-has-label ld_button_69ed08300a0e8 vc_custom_1671064585981\" >\n\t<span>\n\t\n\t\t\t\t\t<span class=\"btn-txt\" data-text=\"GET MY renewal\" data-split-text=\"true\"\n\t\t\t\t\t    data-split-options='{\"type\": \"chars, words\"}'>GET MY renewal<\/span>\n\t\t\n\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t\t\t<\/span>\n<\/a>\n[vc_raw_html el_class=&#8221;btn-calendly&#8221;]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[\/vc_raw_html][\/vc_column][\/vc_row][vc_row equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1663620705595{padding-top: 60px !important;padding-bottom: 100px !important;}&#8221; responsive_css=&#8221;padding_top_medium:120px|padding_bottom_medium:80px&#8221;][vc_column enable_content_animation=&#8221;yes&#8221; ca_init_scale_x=&#8221;1&#8243; ca_init_scale_y=&#8221;1&#8243; ca_init_opacity=&#8221;0&#8243; ca_an_scale_x=&#8221;1&#8243; ca_an_scale_y=&#8221;1&#8243; ca_an_opacity=&#8221;1&#8243; align=&#8221;text-center&#8221; offset=&#8221;vc_col-md-offset-3 vc_col-md-6&#8243; css=&#8221;.vc_custom_1573121760798{margin-bottom: 50px !important;}&#8221; ca_duration=&#8221;1800&#8243; ca_delay=&#8221;180&#8243; ca_init_translate_y=&#8221;35&#8243; responsive_align=&#8221;text-center&#8221;]<style>.ld_fancy_heading_69ed08300abd7 h6{background:#edf3f7;}.ld_fancy_heading_69ed08300abd7 h6 {font-size:13px; } .ld_fancy_heading_69ed08300abd7 h6 {letter-spacing:0.05em; } .ld_fancy_heading_69ed08300abd7 h6 {padding-top:6px !important; padding-right:13px !important; padding-bottom:6px !important; padding-left:13px !important;  } .ld_fancy_heading_69ed08300abd7 h6 {margin-bottom:1.75em !important;  } .ld_fancy_heading_69ed08300abd7 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_69ed08300abd7 h6 {font-size:13px; } .ld_fancy_heading_69ed08300abd7 h6 {letter-spacing:0.05em; } .ld_fancy_heading_69ed08300abd7 h6 {padding-top:6px !important; padding-right:13px !important; padding-bottom:6px !important; padding-left:13px !important;  } .ld_fancy_heading_69ed08300abd7 h6 {margin-bottom:1.75em !important;  } <\/style><div class=\"ld-fancy-heading ld-fh-has-fill text-uppercase ld_fancy_heading_69ed08300abd7\">\n\t<h6 class=\"ld-fh-element circle lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  When to shop<\/h6><\/div><style>.ld_fancy_heading_69ed08300d2cc .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}<\/style><div class=\"ld-fancy-heading ld_fancy_heading_69ed08300d2cc\">\n\t<h2 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  When should you shop around for your mortgage renewal?<\/h2><\/div>[\/vc_column][vc_column][vc_row_inner enable_content_animation=&#8221;yes&#8221; equal_height=&#8221;yes&#8221; ca_init_scale_x=&#8221;1&#8243; ca_init_scale_y=&#8221;1&#8243; ca_init_opacity=&#8221;0&#8243; ca_an_scale_x=&#8221;1&#8243; ca_an_scale_y=&#8221;1&#8243; ca_an_opacity=&#8221;1&#8243; ca_duration=&#8221;1800&#8243; ca_delay=&#8221;180&#8243; ca_init_translate_y=&#8221;60&#8243; ca_init_rotate_x=&#8221;-25&#8243;][vc_column_inner enable_hover_move=&#8221;lqd-column-move-onhover&#8221; hover_move_value=&#8221;-5px&#8221; offset=&#8221;vc_col-md-6&#8243;]<style>.ld_icon_box_69ed08300f2fe .lqd-iconbox-title{margin-bottom:15px;font-size:22px;}.ld_icon_box_69ed08300f2fe{background:rgb(255, 255, 255);}.ld_icon_box_69ed08300f2fe .iconbox-icon-container{border-radius:px;}<\/style>\n<div class=\"iconbox iconbox-side text-align-default iconbox-round iconbox-shadow iconbox-xs iconbox-filled ld_icon_box_69ed08300f2fe\" id=\"ld_icon_box_69ed08300f2fe\"  data-animate-icon=\"true\"  >\n\t\n\t\t\t\t\t\n\t\n\t<div class=\"iconbox-icon-wrap\"><span class=\"iconbox-icon-container\"><i class=\"fas fa-history\"><\/i><\/span><\/div>\t\n\t\t\n\t<div class=\"contents\">\t\n\t\t\n\t\t<h3>Plan ahead<\/h3>\n<p>For a stress-free process, it&#8217;s best to contact us four to six months before your current mortgage expires.<\/p>\n<p>&nbsp;<\/p>\n<p>This gives you optimum visibility of future interest rate trends and the progress of your personal or financial situation.<\/p>\n\t\t\n\t<\/div>\t\n\t\n<\/div>\n[\/vc_column_inner][vc_column_inner enable_hover_move=&#8221;lqd-column-move-onhover&#8221; hover_move_value=&#8221;-5px&#8221; offset=&#8221;vc_col-md-6&#8243;]<style>.ld_icon_box_69ed08301062f .lqd-iconbox-title{margin-bottom:15px;font-size:22px;}.ld_icon_box_69ed08301062f{background:rgb(255, 255, 255);}.ld_icon_box_69ed08301062f .iconbox-icon-container{border-radius:px;}<\/style>\n<div class=\"iconbox iconbox-side text-align-default iconbox-round iconbox-shadow iconbox-xs iconbox-filled ld_icon_box_69ed08301062f\" id=\"ld_icon_box_69ed08301062f\"  data-animate-icon=\"true\"  >\n\t\n\t\t\t\t\t\n\t\n\t<div class=\"iconbox-icon-wrap\"><span class=\"iconbox-icon-container\"><i class=\"fas fa-recycle\"><\/i><\/span><\/div>\t\n\t\t\n\t<div class=\"contents\">\t\n\t\t\n\t\t<h3>Work with an expert<\/h3>\n<p>A broker from the Distinction team will analyse your overall financial situation, i.e. your income, debts, short-, medium- and long-term goals, and so on.<\/p>\n<p>&nbsp;<\/p>\n<p>Armed with this information, he or she will go hunting for the best financing terms on your behalf.<\/p>\n\t\t\n\t<\/div>\t\n\t\n<\/div>\n[\/vc_column_inner][vc_column_inner enable_hover_move=&#8221;lqd-column-move-onhover&#8221; hover_move_value=&#8221;-5px&#8221; offset=&#8221;vc_col-md-6&#8243;]<style>.ld_icon_box_69ed083011500 .lqd-iconbox-title{margin-bottom:15px;font-size:22px;}.ld_icon_box_69ed083011500{background:rgb(255, 255, 255);}.ld_icon_box_69ed083011500 .iconbox-icon-container{border-radius:px;}<\/style>\n<div class=\"iconbox iconbox-side text-align-default iconbox-round iconbox-shadow iconbox-xs iconbox-filled ld_icon_box_69ed083011500\" id=\"ld_icon_box_69ed083011500\"  data-animate-icon=\"true\"  >\n\t\n\t\t\t\t\t\n\t\n\t<div class=\"iconbox-icon-wrap\"><span class=\"iconbox-icon-container\"><i class=\"fas fa-hiking\"><\/i><\/span><\/div>\t\n\t\t\n\t<div class=\"contents\">\t\n\t\t\n\t\t<h3>Choose a turnkey service<\/h3>\n<p>While your broker is away on a mission, you can get on with your day-to-day activities (looking after your children, walking your dog, shopping for your mother-in-law, watching videos on TikTok, etc.).<\/p>\n<p>&nbsp;<\/p>\n<p>Your broker will take care of everything, without it costing you a penny!<\/p>\n\t\t\n\t<\/div>\t\n\t\n<\/div>\n[\/vc_column_inner][vc_column_inner enable_hover_move=&#8221;lqd-column-move-onhover&#8221; hover_move_value=&#8221;-5px&#8221; offset=&#8221;vc_col-md-6&#8243;]<style>.ld_icon_box_69ed0830124a2 .lqd-iconbox-title{margin-bottom:15px;font-size:22px;}.ld_icon_box_69ed0830124a2{background:rgb(255, 255, 255);}.ld_icon_box_69ed0830124a2 .iconbox-icon-container{border-radius:px;}<\/style>\n<div class=\"iconbox iconbox-side text-align-default iconbox-round iconbox-shadow iconbox-xs iconbox-filled ld_icon_box_69ed0830124a2\" id=\"ld_icon_box_69ed0830124a2\"  data-animate-icon=\"true\"  >\n\t\n\t\t\t\t\t\n\t\n\t<div class=\"iconbox-icon-wrap\"><span class=\"iconbox-icon-container\"><i class=\"far fa-id-card\"><\/i><\/span><\/div>\t\n\t\t\n\t<div class=\"contents\">\t\n\t\t\n\t\t<h3>The advantage of independent mortgage brokers<\/h3>\n<p><span style=\"font-weight: 400\">Another big advantage of doing business with the Distinction team is that we have quick access to a number of financial institutions, so you don&#8217;t have to go through long and tedious searches. What&#8217;s more, by knowing your file well, we can help you renew your <\/span><b>mortgage in a few years&#8217; time<\/b><span style=\"font-weight: 400\">. A harmonious long-term relationship with you is what we want more than anything!<\/span><\/p>\n\t\t\n\t<\/div>\t\n\t\n<\/div>\n[\/vc_column_inner][\/vc_row_inner][vc_row_inner css=&#8221;.vc_custom_1662649598410{padding-top: 20px !important;padding-bottom: 20px !important;}&#8221;][vc_column_inner responsive_align=&#8221;text-center&#8221;]<style>.ld_button_69ed083012a32.btn-icon-solid .btn-icon{background:#b8952c;}.ld_button_69ed083012a32.btn-icon-circle.btn-icon-ripple .btn-icon:before{border-color:#b8952c;}.ld_button_69ed083012a32.btn-icon-solid:hover .btn-icon{background:rgb(0, 0, 0);}.ld_button_69ed083012a32{background-color:#b8952c;border-color:#b8952c;}.ld_button_69ed083012a32:hover{background-color:rgb(0, 0, 0);border-color:rgb(0, 0, 0);color:rgb(255, 255, 255);}.ld_button_69ed083012a32 .btn-gradient-bg-hover{background:-webkit-linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);background:linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);}.ld_button_69ed083012a32 .btn-gradient-border defs stop:first-child{stop-color:#b8952c;}.ld_button_69ed083012a32 .btn-gradient-border defs stop:last-child{stop-color:#b8952c;}.ld_button_69ed083012a32:hover .btn-gradient-border defs stop:first-child{stop-color:rgb(0, 0, 0);}.ld_button_69ed083012a32:hover .btn-gradient-border defs stop:last-child{stop-color:rgb(0, 0, 0);}<\/style><a href=\"\/en\/mortgage-renewal\/\" class=\"btn btn-solid text-uppercase btn-hover-txt-liquid-x btn-xsm circle border-thin btn-hover-swp btn-has-label ld_button_69ed083012a32 vc_custom_1671064607151\" >\n\t<span>\n\t\n\t\t\t\t\t<span class=\"btn-txt\" data-text=\"RENEW MY MORTGAGE\" data-split-text=\"true\"\n\t\t\t\t\t    data-split-options='{\"type\": \"chars, words\"}'>RENEW MY MORTGAGE<\/span>\n\t\t\n\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t\t\t<\/span>\n<\/a>\n[vc_raw_html el_class=&#8221;btn-calendly&#8221;]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[\/vc_raw_html][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row gap=&#8221;0&#8243; equal_height=&#8221;yes&#8221; content_placement=&#8221;top&#8221; parallax=&#8221;enable_parallax&#8221; enable_content_animation=&#8221;yes&#8221; animation_preset=&#8221;Flip In Y&#8221; enable_overlay=&#8221;yes&#8221; css=&#8221;.vc_custom_1663621707632{padding-top: 50px !important;padding-bottom: 100px !important;background-image: url(https:\/\/lescourtiershypothecaires.ca\/wp-content\/uploads\/2022\/08\/annie-spratt-6a3nqQ1YwBw-unsplash.jpg?id=966) !important;}&#8221; responsive_css=&#8221;padding_top_small:100px&#8221; overlay_bg=&#8221;rgba(0, 0, 0, 0.46)&#8221;][vc_column enable_content_animation=&#8221;yes&#8221; ca_init_scale_x=&#8221;1&#8243; ca_init_scale_y=&#8221;1&#8243; ca_init_opacity=&#8221;1&#8243; ca_an_scale_x=&#8221;1&#8243; ca_an_scale_y=&#8221;1&#8243; ca_an_opacity=&#8221;1&#8243; offset=&#8221;vc_col-lg-6 vc_col-md-7&#8243; responsive_css=&#8221;padding_top_medium:100px|padding_right_medium:50px&#8221; css=&#8221;.vc_custom_1663621550580{padding-top: 50px !important;padding-right: 15px !important;padding-left: 15px !important;}&#8221;]<style>.ld_fancy_heading_69ed08301370a h2{color:rgb(255, 255, 255);}.ld_fancy_heading_69ed08301370a .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}<\/style><div class=\"ld-fancy-heading ld_fancy_heading_69ed08301370a\">\n\t<h2 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  The possibilities<\/h2><\/div><style>.ld_spacer_69ed0830144ec{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69ed0830144ec\"><\/div>[vc_column_text el_class=&#8221;white-text&#8221;]<span style=\"font-weight: 400;\">Since renewal is an opportunity to change certain mortgage clauses, you should make the most of it! Ideally, you should remove certain contractual provisions that are unfavourable to you. Here are some of the <\/span><b>financing options and conditions<\/b><span style=\"font-weight: 400;\"> to look out for:<\/span>[\/vc_column_text]<style>.ld_spacer_69ed08301471c{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69ed08301471c\"><\/div>[\/vc_column][vc_column responsive_css=&#8221;margin_top_medium:0px|padding_left_medium:5%25|margin_top_small:0px|padding_right_small:30px|padding_left_small:30px&#8221; offset=&#8221;vc_col-lg-offset-0 vc_col-md-6&#8243; css=&#8221;.vc_custom_1665603508884{padding-top: 15px !important;padding-right: 10px !important;padding-bottom: 15px !important;padding-left: 10px !important;background-color: #ffffff !important;}&#8221;]<style>.vc_accordion_69ed0830168ea .accordion-title{font-size:20px;line-height:1.5em;letter-spacing:0px;}.vc_accordion_69ed0830168ea .accordion-item:not(:last-child){margin-bottom:0px;}<\/style><div class=\"accordion accordion-lg accordion-title-underlined accordion-expander-lg vc_accordion_69ed0830168ea\" id=\"vc_accordion_69ed0830168ea\"\n     role=\"tablist\" aria-multiselectable=\"true\">\n\n\t            <div class=\"accordion-item panel  active \">\n\n                <div class=\"accordion-heading\" role=\"tab\" id=\"heading_lqd-1587831664813-aeecfaeb-451a9397-f969\" data-id=\"lqd-1587831664813-aeecfaeb-451a9397-f969\">\n                    <h4 class=\"accordion-title\" data-controls=\"lqd-1587831664813-aeecfaeb-451a9397-f969\" tabindex=\"-1\">\n                        <a tabindex=\"0\" class=\"\" data-toggle=\"collapse\"  data-bs-toggle=\"collapse\"\n                           data-parent=\"#vc_accordion_69ed0830168ea\" data-bs-parent=\"#vc_accordion_69ed0830168ea\" href=\"#lqd-1587831664813-aeecfaeb-451a9397-f969\" data-bs-target=\"#lqd-1587831664813-aeecfaeb-451a9397-f969\"\n                           aria-expanded=\"true\" aria-controls=\"lqd-1587831664813-aeecfaeb-451a9397-f969\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tOptions to consider\n\t\t\t\t\t\t\t                                <span class=\"accordion-expander\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-add\"><\/i>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-remove\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n                        <\/a>\n\n                    <\/h4>\n                <\/div>\n\n                <div id=\"lqd-1587831664813-aeecfaeb-451a9397-f969\" class=\"accordion-collapse collapse show\"\n                    data-bs-parent=\"#vc_accordion_69ed0830168ea\" role=\"tabpanel\" aria-labelledby=\"heading_lqd-1587831664813-aeecfaeb-451a9397-f969\">\n                    <div class=\"accordion-content\">\n\t\t\t\t\t\t<style>.ld_fancy_heading_69ed083014c13 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}<\/style><div class=\"ld-fancy-heading ld_fancy_heading_69ed083014c13\">\n\t<p class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  <\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Fixed or variable rate?<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Reduce your repayments to pay off your capital more quickly?<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">What are the new lender&#8217;s early repayment terms?<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">How does the new lender calculate the mortgage penalty in the event of full repayment before the end of the term?<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">What payment frequency options does the new lender offer you (monthly, fortnightly, weekly, accelerated, non-accelerated, etc.)?<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">What is the new lender&#8217;s customer service like?<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Will the new lender record a higher guarantee than the capital borrowed?<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Is the new lender&#8217;s loan deed transferable free of charge at the end of the term?<\/span><\/li>\n<\/ul>\n<p><\/p><\/div>                    <\/div>\n                <\/div>\n            <\/div>\n\t\t\t            <div class=\"accordion-item panel  \">\n\n                <div class=\"accordion-heading\" role=\"tab\" id=\"heading_lqd-1587831664920-2b73c907-de329397-f969\" data-id=\"lqd-1587831664920-2b73c907-de329397-f969\">\n                    <h4 class=\"accordion-title\" data-controls=\"lqd-1587831664920-2b73c907-de329397-f969\" tabindex=\"-1\">\n                        <a tabindex=\"0\" class=\"collapsed\" data-toggle=\"collapse\"  data-bs-toggle=\"collapse\"\n                           data-parent=\"#vc_accordion_69ed0830168ea\" data-bs-parent=\"#vc_accordion_69ed0830168ea\" href=\"#lqd-1587831664920-2b73c907-de329397-f969\" data-bs-target=\"#lqd-1587831664920-2b73c907-de329397-f969\"\n                           aria-expanded=\"false\" aria-controls=\"lqd-1587831664920-2b73c907-de329397-f969\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tAdd a mortgage line of credit\n\t\t\t\t\t\t\t                                <span class=\"accordion-expander\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-add\"><\/i>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-remove\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n                        <\/a>\n\n                    <\/h4>\n                <\/div>\n\n                <div id=\"lqd-1587831664920-2b73c907-de329397-f969\" class=\"accordion-collapse collapse\"\n                    data-bs-parent=\"#vc_accordion_69ed0830168ea\" role=\"tabpanel\" aria-labelledby=\"heading_lqd-1587831664920-2b73c907-de329397-f969\">\n                    <div class=\"accordion-content\">\n\t\t\t\t\t\t<style>.ld_fancy_heading_69ed083015c9f .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}<\/style><div class=\"ld-fancy-heading ld_fancy_heading_69ed083015c9f\">\n\t<p class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  <span style=\"font-weight: 400\">Why not take the opportunity to add a mortgage line of credit to your financing? If the equity in your property allows you to do so and you think you&#8217;ll need liquidity in the short or medium term, a mortgage line of credit could be an excellent product for you.<\/span><\/p><\/div>                    <\/div>\n                <\/div>\n            <\/div>\n\t\t\t            <div class=\"accordion-item panel  \">\n\n                <div class=\"accordion-heading\" role=\"tab\" id=\"heading_lqd-1587831665033-9829583b-1af99397-f969\" data-id=\"lqd-1587831665033-9829583b-1af99397-f969\">\n                    <h4 class=\"accordion-title\" data-controls=\"lqd-1587831665033-9829583b-1af99397-f969\" tabindex=\"-1\">\n                        <a tabindex=\"0\" class=\"collapsed\" data-toggle=\"collapse\"  data-bs-toggle=\"collapse\"\n                           data-parent=\"#vc_accordion_69ed0830168ea\" data-bs-parent=\"#vc_accordion_69ed0830168ea\" href=\"#lqd-1587831665033-9829583b-1af99397-f969\" data-bs-target=\"#lqd-1587831665033-9829583b-1af99397-f969\"\n                           aria-expanded=\"false\" aria-controls=\"lqd-1587831665033-9829583b-1af99397-f969\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tAre you hesitating and afraid of making a mistake?\n\t\t\t\t\t\t\t                                <span class=\"accordion-expander\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-add\"><\/i>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"lqd-icn-ess icon-ion-ios-remove\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n                        <\/a>\n\n                    <\/h4>\n                <\/div>\n\n                <div id=\"lqd-1587831665033-9829583b-1af99397-f969\" class=\"accordion-collapse collapse\"\n                    data-bs-parent=\"#vc_accordion_69ed0830168ea\" role=\"tabpanel\" aria-labelledby=\"heading_lqd-1587831665033-9829583b-1af99397-f969\">\n                    <div class=\"accordion-content\">\n\t\t\t\t\t\t<style>.ld_fancy_heading_69ed083016646 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}<\/style><div class=\"ld-fancy-heading ld_fancy_heading_69ed083016646\">\n\t<p class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  <span style=\"font-weight: 400\">Are you hesitating and afraid of making a mistake? That&#8217;s normal, especially if you&#8217;re not familiar with this area! When you renew your mortgage, <\/span><b>a mortgage broker from the Distinction team<\/b><span style=\"font-weight: 400\"> will take a close look at your finances and your professional and personal situation to confirm whether this product is right for you: working with an experienced advisor is the best way to make an informed decision.<\/span><\/p><\/div>                    <\/div>\n                <\/div>\n            <\/div>\n\t\t\t<\/div><style>.ld_button_69ed083016c1a.btn-icon-solid .btn-icon{background:#b8952c;}.ld_button_69ed083016c1a.btn-icon-circle.btn-icon-ripple .btn-icon:before{border-color:#b8952c;}.ld_button_69ed083016c1a.btn-icon-solid:hover .btn-icon{background:rgb(0, 0, 0);}.ld_button_69ed083016c1a{background-color:#b8952c;border-color:#b8952c;}.ld_button_69ed083016c1a:hover{background-color:rgb(0, 0, 0);border-color:rgb(0, 0, 0);color:rgb(255, 255, 255);}.ld_button_69ed083016c1a .btn-gradient-bg-hover{background:-webkit-linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);background:linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);}.ld_button_69ed083016c1a .btn-gradient-border defs stop:first-child{stop-color:#b8952c;}.ld_button_69ed083016c1a .btn-gradient-border defs stop:last-child{stop-color:#b8952c;}.ld_button_69ed083016c1a:hover .btn-gradient-border defs stop:first-child{stop-color:rgb(0, 0, 0);}.ld_button_69ed083016c1a:hover .btn-gradient-border defs stop:last-child{stop-color:rgb(0, 0, 0);}<\/style><a href=\"\/en\/mortgage-renewal\/\" class=\"btn btn-solid text-uppercase btn-hover-txt-liquid-x btn-xsm circle border-thin btn-hover-swp btn-has-label ld_button_69ed083016c1a vc_custom_1671064620051\" >\n\t<span>\n\t\n\t\t\t\t\t<span class=\"btn-txt\" data-text=\"GET MY renewal\" data-split-text=\"true\"\n\t\t\t\t\t    data-split-options='{\"type\": \"chars, words\"}'>GET MY renewal<\/span>\n\t\t\n\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t\t\t<\/span>\n<\/a>\n[vc_raw_html el_class=&#8221;btn-calendly&#8221;]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[\/vc_raw_html][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1663620977640{padding-top: 100px !important;padding-bottom: 100px !important;}&#8221;][vc_column gradient_bg_color=&#8221;linear-gradient(134deg, rgb(0, 0, 0) 17.197452229299362%, rgb(81, 81, 81) 100%)&#8221; css=&#8221;.vc_custom_1660822563252{border-radius: 5px !important;}&#8221;][vc_row_inner equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221; gap=&#8221;0&#8243;][vc_column_inner width=&#8221;2\/3&#8243; responsive_css=&#8221;padding_right_large:50px|padding_left_large:50px|border_right_medium:1px|border_bottom_medium:0px|padding_top_medium:75px|padding_right_medium:30px|padding_bottom_medium:75px|padding_left_medium:55px&#8221; css=&#8221;.vc_custom_1660821589205{border-right-width: 0px !important;border-bottom-width: 1px !important;padding-top: 35px !important;padding-right: 15px !important;padding-bottom: 35px !important;padding-left: 15px !important;border-right-color: rgba(255,255,255,0.23) !important;border-right-style: solid !important;border-bottom-color: rgba(255,255,255,0.23) !important;border-bottom-style: solid !important;}&#8221;]<style>.ld_fancy_heading_69ed0830177b4 h2{color:rgb(255, 255, 255);}.ld_fancy_heading_69ed0830177b4 h2 {font-size:42px; } .ld_fancy_heading_69ed0830177b4 h2 {line-height:50px; } .ld_fancy_heading_69ed0830177b4 h2 {--element-line-height:50px; } .ld_fancy_heading_69ed0830177b4 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_69ed0830177b4 h2 {font-size:42px; } .ld_fancy_heading_69ed0830177b4 h2 {line-height:50px; } .ld_fancy_heading_69ed0830177b4 h2 {--element-line-height:50px; } <\/style><div class=\"ld-fancy-heading ld_fancy_heading_69ed0830177b4\">\n\t<h2 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  Take charge<\/h2><\/div><style>.ld_fancy_heading_69ed083018663 p{color:rgba(255, 255, 255, 0.75);}.ld_fancy_heading_69ed083018663 p {font-size:16px; } .ld_fancy_heading_69ed083018663 p {line-height:28px; } .ld_fancy_heading_69ed083018663 p {--element-line-height:28px; } .ld_fancy_heading_69ed083018663 p {margin-bottom:1.85em !important;  } .ld_fancy_heading_69ed083018663 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_69ed083018663 p {font-size:16px; } .ld_fancy_heading_69ed083018663 p {line-height:28px; } .ld_fancy_heading_69ed083018663 p {--element-line-height:28px; } .ld_fancy_heading_69ed083018663 p {margin-bottom:1.85em !important;  } <\/style><div class=\"ld-fancy-heading ld_fancy_heading_69ed083018663\">\n\t<p class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  Mortgage renewal is the perfect time to take stock of your finances. Ask yourself the right questions, for example<br \/>\n<\/p><\/div><style>.ld_list_69ed08301f7a6 li{margin-bottom:px;}.ld_list_69ed08301f7a6 > li{font-size:16px;line-height:28px;font-weight:400;color:rgba(255, 255, 255, 0.65);}<\/style><div class=\"one-bullet-list\">\n\n\t<ul id=\"ld_list_69ed08301f7a6\" class=\"reset-ul ld_list_69ed08301f7a6\">\n\t\t<li>Are your current monthly mortgage payments too high?<\/li><li>Can you afford additional mortgage payments?<\/li><li>When do you expect to repay your mortgage in full?<\/li><li>Could your job prospects (or a change in your personal life) affect your budget and your ability to repay?<\/li><li>Are you thinking of moving to a new home in the next few years?<\/li>\t<\/ul>\n\n<\/div><!-- \/.one-bullet-list --><style>.ld_spacer_69ed08301fd36{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69ed08301fd36\"><\/div><style>.ld_button_69ed08301ffd8.btn-icon-solid .btn-icon{background:#b8952c;}.ld_button_69ed08301ffd8.btn-icon-circle.btn-icon-ripple .btn-icon:before{border-color:#b8952c;}.ld_button_69ed08301ffd8.btn-icon-solid:hover .btn-icon{background:rgb(0, 0, 0);}.ld_button_69ed08301ffd8{background-color:#b8952c;border-color:#b8952c;}.ld_button_69ed08301ffd8:hover{background-color:rgb(0, 0, 0);border-color:rgb(0, 0, 0);color:rgb(255, 255, 255);}.ld_button_69ed08301ffd8 .btn-gradient-bg-hover{background:-webkit-linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);background:linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);}.ld_button_69ed08301ffd8 .btn-gradient-border defs stop:first-child{stop-color:#b8952c;}.ld_button_69ed08301ffd8 .btn-gradient-border defs stop:last-child{stop-color:#b8952c;}.ld_button_69ed08301ffd8:hover .btn-gradient-border defs stop:first-child{stop-color:rgb(0, 0, 0);}.ld_button_69ed08301ffd8:hover .btn-gradient-border defs stop:last-child{stop-color:rgb(0, 0, 0);}<\/style><a href=\"\/en\/mortgage-renewal\/\" class=\"btn btn-solid text-uppercase btn-hover-txt-liquid-x btn-xsm circle border-thin btn-hover-swp btn-has-label ld_button_69ed08301ffd8 vc_custom_1671064632919\" >\n\t<span>\n\t\n\t\t\t\t\t<span class=\"btn-txt\" data-text=\"RENEW MY MORTGAGE\" data-split-text=\"true\"\n\t\t\t\t\t    data-split-options='{\"type\": \"chars, words\"}'>RENEW MY MORTGAGE<\/span>\n\t\t\n\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t\t\t<\/span>\n<\/a>\n[vc_raw_html el_class=&#8221;btn-calendly&#8221;]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[\/vc_raw_html][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243; responsive_css=&#8221;padding_right_large:45px|padding_left_large:45px|border_right_medium:1px|border_bottom_medium:0px|padding_top_medium:75px|padding_right_medium:30px|padding_bottom_medium:55px|padding_left_medium:45px&#8221; css=&#8221;.vc_custom_1661260346873{border-right-width: 0px !important;border-bottom-width: 1px !important;padding-top: 35px !important;padding-right: 15px !important;padding-bottom: 15px !important;padding-left: 15px !important;border-right-color: rgba(255,255,255,0.23) !important;border-right-style: solid !important;border-bottom-color: rgba(255,255,255,0.23) !important;border-bottom-style: solid !important;}&#8221;]<style>.ld_fancy_heading_69ed08302142a p{color:rgba(255, 255, 255, 0.75);}.ld_fancy_heading_69ed08302142a p {font-size:16px; } .ld_fancy_heading_69ed08302142a p {line-height:28px; } .ld_fancy_heading_69ed08302142a p {--element-line-height:28px; } .ld_fancy_heading_69ed08302142a p {margin-bottom:1.85em !important;  } .ld_fancy_heading_69ed08302142a .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_69ed08302142a p {font-size:16px; } .ld_fancy_heading_69ed08302142a p {line-height:28px; } .ld_fancy_heading_69ed08302142a p {--element-line-height:28px; } .ld_fancy_heading_69ed08302142a p {margin-bottom:1.85em !important;  } <\/style><div class=\"ld-fancy-heading ld_fancy_heading_69ed08302142a\">\n\t<p class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  This is often a good way of assessing whether your borrowing profile has improved or deteriorated, and adjusting your mortgage renewal accordingly.<br \/>\n<\/p><\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; gap=&#8221;0&#8243; equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221; css=&#8221;.vc_custom_1661245189865{background-color: #fafafa !important;}&#8221;][vc_column row_scale_bg_onhover=&#8221;yes&#8221; enable_overlay=&#8221;yes&#8221; bg_position=&#8221;center center&#8221; align=&#8221;text-center&#8221; offset=&#8221;vc_col-md-6&#8243; css=&#8221;.vc_custom_1661260470798{padding-top: 30vw !important;padding-bottom: 30vw !important;background-image: url(https:\/\/lescourtiershypothecaires.ca\/wp-content\/uploads\/2022\/08\/dylan-gillis-KdeqA3aTnBY-unsplash.jpg?id=960) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; responsive_align=&#8221;text-center&#8221; responsive_css=&#8221;padding_top_medium:15vw|padding_bottom_medium:15vw|padding_top_small:25vw|padding_bottom_small:25vw&#8221; overlay_bg=&#8221;rgba(0, 0, 0, 0.57)&#8221;][\/vc_column][vc_column enable_content_animation=&#8221;yes&#8221; ca_init_scale_x=&#8221;1&#8243; ca_init_scale_y=&#8221;1&#8243; ca_init_opacity=&#8221;0&#8243; ca_an_scale_x=&#8221;1&#8243; ca_an_scale_y=&#8221;1&#8243; ca_an_opacity=&#8221;1&#8243; responsive_css=&#8221;padding_top_medium:90px|padding_right_medium:12%25|padding_bottom_medium:90px|padding_left_medium:12%25&#8243; css=&#8221;.vc_custom_1607346561233{padding-top: 60px !important;padding-right: 15px !important;padding-left: 15px !important;}&#8221; offset=&#8221;vc_col-md-6&#8243; ca_duration=&#8221;1800&#8243; ca_delay=&#8221;180&#8243; ca_init_translate_x=&#8221;0&#8243; ca_init_translate_y=&#8221;35&#8243;][vc_column_text el_class=&#8221;ps-text&#8221;]<\/p>\n<h2>Mortgage renewal or transfer?<\/h2>\n<p>Renewing your mortgage with the same lender is a good idea if you have an excellent relationship with them and can negotiate better terms for the new term.<\/p>\n<p>However, you are always free to transfer your mortgage to a lender who can offer you even more attractive terms.[\/vc_column_text]<style>.ld_button_69ed083023cc4.btn-icon-solid .btn-icon{background:#b8952c;}.ld_button_69ed083023cc4.btn-icon-circle.btn-icon-ripple .btn-icon:before{border-color:#b8952c;}.ld_button_69ed083023cc4.btn-icon-solid:hover .btn-icon{background:rgb(0, 0, 0);}.ld_button_69ed083023cc4{background-color:#b8952c;border-color:#b8952c;}.ld_button_69ed083023cc4:hover{background-color:rgb(0, 0, 0);border-color:rgb(0, 0, 0);color:rgb(255, 255, 255);}.ld_button_69ed083023cc4 .btn-gradient-bg-hover{background:-webkit-linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);background:linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);}.ld_button_69ed083023cc4 .btn-gradient-border defs stop:first-child{stop-color:#b8952c;}.ld_button_69ed083023cc4 .btn-gradient-border defs stop:last-child{stop-color:#b8952c;}.ld_button_69ed083023cc4:hover .btn-gradient-border defs stop:first-child{stop-color:rgb(0, 0, 0);}.ld_button_69ed083023cc4:hover .btn-gradient-border defs stop:last-child{stop-color:rgb(0, 0, 0);}<\/style><a href=\"\/en\/mortgage-renewal\/\" class=\"btn btn-solid text-uppercase btn-hover-txt-liquid-x btn-xsm circle border-thin btn-hover-swp btn-has-label ld_button_69ed083023cc4 vc_custom_1671064643896\" >\n\t<span>\n\t\n\t\t\t\t\t<span class=\"btn-txt\" data-text=\"GET MY renewal\" data-split-text=\"true\"\n\t\t\t\t\t    data-split-options='{\"type\": \"chars, words\"}'>GET MY renewal<\/span>\n\t\t\n\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t\t\t<\/span>\n<\/a>\n[vc_raw_html el_class=&#8221;btn-calendly&#8221;]JTNDJTIxLS0lMjBDYWxlbmRseSUyMGxpbmslMjB3aWRnZXQlMjBiZWdpbiUyMC0tJTNFJTBBJTNDbGluayUyMGhyZWYlM0QlMjJodHRwcyUzQSUyRiUyRmFzc2V0cy5jYWxlbmRseS5jb20lMkZhc3NldHMlMkZleHRlcm5hbCUyRndpZGdldC5jc3MlMjIlMjByZWwlM0QlMjJzdHlsZXNoZWV0JTIyJTNFJTBBJTNDc2NyaXB0JTIwc3JjJTNEJTIyaHR0cHMlM0ElMkYlMkZhc3NldHMuY2FsZW5kbHkuY29tJTJGYXNzZXRzJTJGZXh0ZXJuYWwlMkZ3aWRnZXQuanMlMjIlMjB0eXBlJTNEJTIydGV4dCUyRmphdmFzY3JpcHQlMjIlMjBhc3luYyUzRSUzQyUyRnNjcmlwdCUzRSUwQSUzQ2ElMjBocmVmJTNEJTIyJTIyJTIwb25jbGljayUzRCUyMkNhbGVuZGx5LmluaXRQb3B1cFdpZGdldCUyOCU3QnVybCUzQSUyMCUyN2h0dHBzJTNBJTJGJTJGY2FsZW5kbHkuY29tJTJGbW9uaHlwb3RoZXF1ZSUyRm1vcnRnYWdlLXJlbmV3LXJlZmluYW5jaW5nJTNGcHJpbWFyeV9jb2xvciUzRDFhMWExYSUyNyU3RCUyOSUzQnJldHVybiUyMGZhbHNlJTNCJTIyJTNFVGFsayUyMHRvJTIwYW4lMjBleHBlcnQlM0MlMkZhJTNFJTBBJTNDJTIxLS0lMjBDYWxlbmRseSUyMGxpbmslMjB3aWRnZXQlMjBlbmQlMjAtLSUzRQ==[\/vc_raw_html][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; gap=&#8221;0&#8243; equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221; css=&#8221;.vc_custom_1663621350579{padding-bottom: 100px !important;background-color: #fafafa !important;}&#8221; responsive_css=&#8221;margin_bottom_large:0px|padding_bottom_large:0px&#8221;][vc_column enable_content_animation=&#8221;yes&#8221; ca_init_scale_x=&#8221;1&#8243; ca_init_scale_y=&#8221;1&#8243; ca_init_opacity=&#8221;0&#8243; ca_an_scale_x=&#8221;1&#8243; ca_an_scale_y=&#8221;1&#8243; ca_an_opacity=&#8221;1&#8243; responsive_css=&#8221;padding_top_medium:90px|padding_right_medium:12%25|padding_bottom_medium:90px|padding_left_medium:12%25&#8243; css=&#8221;.vc_custom_1607346561233{padding-top: 60px !important;padding-right: 15px !important;padding-left: 15px !important;}&#8221; offset=&#8221;vc_col-md-6&#8243; ca_duration=&#8221;1800&#8243; ca_delay=&#8221;180&#8243; ca_init_translate_x=&#8221;0&#8243; ca_init_translate_y=&#8221;35&#8243;][vc_column_text el_class=&#8221;ps-text&#8221;]<\/p>\n<h3>When is it advantageous to transfer to a new mortgage lender?<\/h3>\n<p>Transferring is more advantageous if you find a financial institution willing to grant you a new term better suited to your financial situation at the time of renewal.<\/p>\n<p>Do you have any questions about renewing your mortgage, or would you like expert advice on how to go about it? Make an appointment with one of the mortgage brokers on the Distinction team by filling out our contact form![\/vc_column_text]<style>.ld_button_69ed083024d1e.btn-icon-solid .btn-icon{background:#b8952c;}.ld_button_69ed083024d1e.btn-icon-circle.btn-icon-ripple .btn-icon:before{border-color:#b8952c;}.ld_button_69ed083024d1e.btn-icon-solid:hover .btn-icon{background:rgb(0, 0, 0);}.ld_button_69ed083024d1e{background-color:#b8952c;border-color:#b8952c;}.ld_button_69ed083024d1e:hover{background-color:rgb(0, 0, 0);border-color:rgb(0, 0, 0);color:rgb(255, 255, 255);}.ld_button_69ed083024d1e .btn-gradient-bg-hover{background:-webkit-linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);background:linear-gradient(to right, rgb(0, 0, 0) 0%, rgb(0, 0, 0) 100%);}.ld_button_69ed083024d1e .btn-gradient-border defs stop:first-child{stop-color:#b8952c;}.ld_button_69ed083024d1e .btn-gradient-border defs stop:last-child{stop-color:#b8952c;}.ld_button_69ed083024d1e:hover .btn-gradient-border defs stop:first-child{stop-color:rgb(0, 0, 0);}.ld_button_69ed083024d1e:hover .btn-gradient-border defs stop:last-child{stop-color:rgb(0, 0, 0);}<\/style><a href=\"\/en\/mortgage-renewal\/\" class=\"btn btn-solid text-uppercase btn-hover-txt-liquid-x btn-xsm circle border-thin btn-hover-swp btn-has-label ld_button_69ed083024d1e vc_custom_1671064659634\" >\n\t<span>\n\t\n\t\t\t\t\t<span class=\"btn-txt\" data-text=\"RENEW MY MORTGAGE\" data-split-text=\"true\"\n\t\t\t\t\t    data-split-options='{\"type\": \"chars, words\"}'>RENEW MY MORTGAGE<\/span>\n\t\t\n\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t<span class=\"btn-icon\"><i class=\"lqd-icn-ess icon-md-arrow-forward\"><\/i><\/span>\t\t\t<\/span>\n<\/a>\n[vc_raw_html el_class=&#8221;btn-calendly&#8221;]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[\/vc_raw_html][\/vc_column][vc_column row_scale_bg_onhover=&#8221;yes&#8221; enable_overlay=&#8221;yes&#8221; column_top_onmobile=&#8221;yes&#8221; bg_position=&#8221;center center&#8221; align=&#8221;text-center&#8221; offset=&#8221;vc_col-md-6&#8243; css=&#8221;.vc_custom_1662460412675{padding-top: 30vw !important;padding-bottom: 30vw !important;background-image: url(https:\/\/lescourtiershypothecaires.ca\/wp-content\/uploads\/2022\/08\/ronnie-george-9gGvNWBeOq4-unsplash.jpg?id=1016) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; responsive_align=&#8221;text-center&#8221; responsive_css=&#8221;padding_top_medium:15vw|padding_bottom_medium:15vw|padding_top_small:25vw|padding_bottom_small:25vw&#8221; overlay_bg=&#8221;rgba(0, 0, 0, 0.53)&#8221;][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1665603958861{margin-top: 100px !important;margin-bottom: 100px !important;}&#8221;][vc_column][vc_raw_html css=&#8221;.vc_custom_1670437162792{margin-top: 10px !important;padding-top: 10px !important;}&#8221;]JTNDZGl2JTIwaWQlM0QlMjJjYWxsX2Zvcm0lMjIlM0UlM0MlMkZkaXYlM0UlMEElM0NzY3JpcHQlM0UlMEFqUXVlcnklMjhkb2N1bWVudCUyOS5yZWFkeSUyOGZ1bmN0aW9uJTI4JTI5JTIwJTdCJTBBJTA5alF1ZXJ5JTI4JTIyJTIzY2FsbF9mb3JtJTIyJTI5LmNhbGxfZm9ybSUyOCUyN2VuJTI3JTJDJTIwdHJ1ZSUyQyUyMGZhbHNlJTJDJTIwJTI3dmVyc2lvbiUzRHBlcnJlYXVsdCUyNyUyOSUzQiUwQSU3RCUyOSUzQiUwQSUzQyUyRnNjcmlwdCUzRQ==[\/vc_raw_html][\/vc_column][\/vc_row][vc_section][vc_row][vc_column]<div class=\"accordion accordion-sm vc_accordion_69ed0830256bd\" id=\"vc_accordion_69ed0830256bd\"\n     role=\"tablist\" aria-multiselectable=\"true\">\n\n\t            <div class=\"accordion-item panel  active \">\n\n                <div class=\"accordion-heading\" role=\"tab\" id=\"heading_lqd-1722003741368-68835b81-c429\" data-id=\"lqd-1722003741368-68835b81-c429\">\n                    <h2 class=\"accordion-title\" data-controls=\"lqd-1722003741368-68835b81-c429\" tabindex=\"-1\">\n                        <a tabindex=\"0\" class=\"\" data-toggle=\"collapse\"  data-bs-toggle=\"collapse\"\n                           data-parent=\"#vc_accordion_69ed0830256bd\" data-bs-parent=\"#vc_accordion_69ed0830256bd\" href=\"#lqd-1722003741368-68835b81-c429\" data-bs-target=\"#lqd-1722003741368-68835b81-c429\"\n                           aria-expanded=\"true\" aria-controls=\"lqd-1722003741368-68835b81-c429\">\n\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\tFrequently Asked Questions on Mortgages and Mortgage Renewal\n\t\t\t\t\t\t\t\n                        <\/a>\n\n                    <\/h2>\n                <\/div>\n\n                <div id=\"lqd-1722003741368-68835b81-c429\" class=\"accordion-collapse collapse show\"\n                    data-bs-parent=\"#vc_accordion_69ed0830256bd\" role=\"tabpanel\" aria-labelledby=\"heading_lqd-1722003741368-68835b81-c429\">\n                    <div class=\"accordion-content\">\n\t\t\t\t\t\t[vc_column_text]<\/p>\n<h3>Why is mortgage renewal important?<\/h3>\n<p>Mortgage renewal is the process of extending your mortgage loan when your current mortgage term ends. This process allows you to renegotiate your loan terms, including interest rates, amortization period, and payment options. In Canada, mortgage terms are typically 1 to 5 years, after which they must be renewed.<\/p>\n<p>Renewal is an opportunity to reassess your financial situation and needs and potentially obtain a better mortgage rate or more favorable terms. It&#8217;s essential to plan carefully to maximize financial benefits and minimize risks. A broker can provide personalized advice and guide you through the various renewal options available.<\/p>\n<p>Mortgage renewal can also be an opportune moment to consider refinancing if real estate market conditions have shifted in your favor. Borrowers should take the time to assess their finances and consider if a new lender, offering more competitive fixed rates, is the best route for their next borrowing period.<\/p>\n<h3>How do you choose between a fixed and variable rate during mortgage renewal?<\/h3>\n<p>Choosing between a fixed and variable rate depends on your risk tolerance and financial situation. A fixed mortgage rate offers monthly payment stability since the interest rate remains constant throughout your mortgage term, making budget planning easier and providing protection against rising rates.<\/p>\n<p>On the other hand, a variable mortgage rate can be more advantageous if interest rates decrease, though it carries a higher risk due to the possibility of rising rates. The decision should consider your finances, the payment frequency you can handle, and your ability to manage a potential rate increase. The Bank of Canada plays a crucial role in influencing prime rates, which affect variable rates.<\/p>\n<p>Remember that choosing between a fixed and variable rate will directly impact your future mortgage payments and overall financial situation. Using a mortgage calculator can help you evaluate the best option based on your need for stability, tolerance for rate fluctuations, and potential refinancing with a new loan.<\/p>\n<h3>Are there penalties and fees associated with a mortgage renewal?<\/h3>\n<p>When renewing a mortgage, it\u2019s important to understand potential penalties and fees. If you decide to pay off your mortgage early or refinance before your term ends, you may face early repayment penalties. These penalties vary depending on your lender and mortgage contract terms.<\/p>\n<p>Additionally, certain fees may be associated with property appraisal, administrative costs, or obtaining new mortgage insurance. It\u2019s essential to carefully review the renewal letter and discuss renewal options with your financial institution or broker. By evaluating all these conditions, you can make an informed decision suited to your financial situation.<\/p>\n<p>It&#8217;s crucial to consider market conditions during your first mortgage renewal, as this may influence your choice of switching lenders. Furthermore, carefully assessing your new financial situation, including current interest rates and insurance premiums linked to a new mortgage, will allow you to optimize future payments and potentially achieve savings.<\/p>\n<h3>What if my mortgage renewal is declined?<\/h3>\n<p>If your mortgage renewal is declined, it may be wise to consult a mortgage broker to explore different options and find the best mortgage suited to your needs. Considering market changes and interest rates, applying with different financial institutions could help you save on insurance premiums and reduce future mortgage payments.<\/p>\n<h3>What is the mortgage renewal process with a broker?<\/h3>\n<p>Mortgage renewal is a crucial step for any homeowner looking to optimize their loan. At the end of your current term, it&#8217;s essential to evaluate new financing conditions offered by your mortgage lender or other institutions. This involves considering elements such as the proposed new rate, upcoming mortgage payments, and any necessary adjustments related to your financial situation. A good approach is to compare offers to find the best value and consider associated costs like an insurance premium or early termination fees. It may also be wise to negotiate with your lender or consult an advisor to understand the terms of your next contract better. By considering factors such as planned renovations or a move, you can ensure a beneficial renewal that meets both present and future needs.<\/p>\n<h4>Key Steps in Mortgage Renewal<\/h4>\n<p>To start the mortgage renewal process, it\u2019s essential to reassess your financial situation. Review your income, expenses, and current loan balance. This will help you decide whether to borrow a different amount or change other elements of your contract. Use a mortgage calculator to estimate future payments and consider consulting an advisor at RBC or another institution to learn about your options.<\/p>\n<p>After analyzing your situation, it\u2019s time to compare offers from several lenders. Be sure to consider the mortgage rate, potential penalties, and new payments. Whether you plan to stay with the same lender or switch to a new one, it\u2019s wise to negotiate your contract terms. Remember, the final renewal can impact your ability to secure better terms, especially if you have made regular payments throughout your loan duration.<\/p>\n<h4>Required Documents for Mortgage Renewal<\/h4>\n<p>Mortgage renewal requires several essential documents to ensure a smooth approach with your lender. You\u2019ll need to provide proof of income, such as pay stubs or tax returns, to evaluate your financial situation. Reviewing your current mortgage balance, including the value of your home, is also crucial. If you have other loans or debts, these may influence the amount and terms of the new contract. Verifying items like life insurance and co-borrower status may also be requested.<\/p>\n<p>Once you have gathered these documents, it&#8217;s advisable to conduct a complete review of your file before proceeding with the renewal. Check for necessary modifications to the remaining capital or the rates proposed by your lender, including possible additional fees. Good preparation allows you to negotiate favorable conditions, such as a better rate or payments suited to your budget. Consider consulting an advisor to explore all options available for this mortgage renewal.<\/p>\n<h3>Advantages of Mortgage Renewal<\/h3>\n<p>Mortgage renewal offers numerous benefits for homeowners. Opting for a new mortgage allows you to reassess the mortgage balance and adjust the interest rate up or down, depending on your current financial situation. This can help save on monthly mortgage payments, making it easier to manage other debts or expenses. Using a mortgage payment calculator can help visualize the impact of different renewal scenarios. Homeowners can also benefit from the flexibility of a new agreement, which may include financing options tailored to their needs, such as purchasing a new home or planning for retirement. It\u2019s essential to remain mindful of potential fees associated with this process to maximize the benefits of mortgage renewal.<\/p>\n<h4>Saving on Interest Rates through Mortgage Renewal<\/h4>\n<p>Mortgage renewal provides an excellent opportunity to save on interest rates. To do this, it\u2019s essential to reassess your financial situation and compare offers from different lenders. Using tools such as a mortgage payment calculator, you can better understand how much you could save. A good mortgage rate can result from a proactive approach during renewal, allowing you to replace your old mortgage with a new term at more favorable conditions.<\/p>\n<p>By exploring opportunities with other financial institutions, you could access a new premium that reduces your mortgage payments. Remember that financial circumstances are essential; a good mortgage renewal could be key to funding your future projects while minimizing other costs associated with your loan.<\/p>\n<h4>Flexibility and Options during Mortgage Renewal<\/h4>\n<p>Mortgage renewal offers valuable flexibility, allowing borrowers to adjust their mortgage loan terms to their financial situation. During this crucial step, it\u2019s possible to reassess the mortgage balance, whether to increase the current mortgage or reduce hypothetical payments. Lenders often offer different financing options, enabling the choice of a term more suited to current rates and financial forecasts for the coming years.<\/p>\n<p>It&#8217;s important to take advantage of the various options during renewal. Whether through a good mortgage with competitive rates or considering alternative mortgages, each choice can impact future hypothetical payments. Using a mortgage payment calculator to visualize the effect of different rates or terms is a good approach. Borrowers should also assess their current financial situation and consider transfer solutions with no fees, which could bring substantial savings over the loan&#8217;s duration.<\/p>\n<h3>Common Mistakes to Avoid during Mortgage Renewal<\/h3>\n<p>Mortgage renewal can be complex, especially if mistakes are made. Here are four common mistakes to avoid for an optimal mortgage renewal:<\/p>\n<ol>\n<li aria-level=\"1\"><strong>Not comparing offers during mortgage renewal:<\/strong> Failing to compare available offers can significantly impact your financial situation. Being drawn to an offer without reviewing other options may prevent you from obtaining a better interest rate. Taking time to reassess your loan elements, like the mortgage balance, and using calculation tools will help determine the best option and visualize the impact on future payments. Visiting different branches and seeking expert opinions can also help find more favorable terms. A mortgage broker simplifies this by conducting research and comparisons across various financial institutions!<\/li>\n<li aria-level=\"1\"><strong>Ignoring penalties during mortgage renewal:<\/strong> It\u2019s crucial to consider the penalties associated with your loan, such as fees for early repayment or changing lenders. These costs can affect the mortgage balance to repay and increase mortgage payments, making renewal less advantageous. Failing to assess these penalties risks exposure to unexpected fees.<\/li>\n<li aria-level=\"1\"><strong>Not reassessing your financial situation:<\/strong> Before signing the renewal, it\u2019s vital to reassess your financial situation. Do precise calculations and use tools like a mortgage payment calculator to better understand the impact of different options on payments. This step allows you to make informed decisions for your next mortgage term.<\/li>\n<li aria-level=\"1\"><strong>Rushing without negotiating terms:<\/strong> Automatically accepting the terms offered by your current lender without negotiating may keep you from a better offer. The mortgage market is constantly evolving, and negotiation may help you secure a lower rate or more favorable terms, increasing long-term savings.<\/li>\n<\/ol>\n<h3>Strategies for a Successful Mortgage Renewal<\/h3>\n<p>Mortgage renewal requires a strategic approach to secure the best possible terms. It\u2019s crucial to reassess your financial situation before committing to a new loan. This includes examining current mortgage rates and considering future payments related to the mortgage balance. Negotiating with your lender can significantly impact your renewal terms. Sometimes, a broker\u2019s help is valuable for navigating numerous options. Their expertise can reveal advantageous offers and maximize your credit\u2019s value. Ultimately, every aspect of the process, from choosing the lender to contract terms, should be considered to achieve the best outcome.<\/p>\n<h4>Negotiating with Your Lender for a Better Mortgage Renewal<\/h4>\n<p>Negotiating a mortgage renewal may seem daunting, but it\u2019s essential to reassess your financial situation before committing. Take the time to examine elements of your current mortgage, including the balance and prevailing rates. Knowing your position allows you to approach your lender with confidence. The goal is to secure more favorable terms, which will ease future mortgage payments and potentially shorten the loan term until the situation improves.<\/p>\n<p>When meeting with your lender, be prepared to provide strong arguments supporting your request for better terms. Present your credit history and any positive changes in your financial situation, such as a salary increase or reduced expenses. This will show your lender that you are a reliable client, which could facilitate obtaining a lower rate or other benefits. Remember that each renewal case is unique, and discussing replacement options tailored to your future needs may be beneficial.<\/p>\n<h4>Seeking a Broker\u2019s Help for Mortgage Renewal<\/h4>\n<p><a href=\"https:\/\/lescourtiershypothecaires.ca\/en\/contact-us\/\">Consulting a broker for mortgage renewal <\/a>can greatly simplify the process. This professional knows the market well and can help you navigate the various loan offers and mortgage rates available. By assessing your financial situation and considering specific aspects of your mortgage, a broker can negotiate favorable conditions for your renewal. This includes not only a better rate but also the possibility of reducing the loan term or modifying your mortgage payments.<\/p>\n<p>A broker can also assist in reassessing your mortgage balance and credit. Based on your payment history and current financial situation, they can identify the best options available. This may include loan offers from other financial institutions you might not have considered alone. With market knowledge, a broker can help anticipate your future mortgage payments and avoid common mistakes, making your mortgage renewal more efficient and less stressful.<\/p>\n<h4><\/h4>\n<p>[\/vc_column_text]                    <\/div>\n                <\/div>\n            <\/div>\n\t\t\t<\/div>[\/vc_column][\/vc_row][\/vc_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row full_height=&#8221;yes&#8221; columns_placement=&#8221;bottom&#8221; parallax=&#8221;enable_parallax&#8221; enable_content_animation=&#8221;yes&#8221; ca_init_scale_x=&#8221;1&#8243; ca_init_scale_y=&#8221;1&#8243; ca_init_opacity=&#8221;0&#8243; ca_an_scale_x=&#8221;1&#8243; ca_an_scale_y=&#8221;1&#8243; ca_an_opacity=&#8221;1&#8243; bg_position=&#8221;custom&#8221; enable_overlay=&#8221;yes&#8221; css=&#8221;.vc_custom_1663621616707{padding-bottom: 100px !important;background: #111214 url(https:\/\/lescourtiershypothecaires.ca\/wp-content\/uploads\/2022\/08\/the-bialons-x_CEJ7kn4w4-unsplash.jpg?id=954);background-position:center;background-repeat:-repeat;background-size:cover;}&#8221; responsive_css=&#8221;padding_top_large:200px|padding_bottom_large:200px|padding_right_medium:7%25|padding_bottom_medium:15vw|padding_left_medium:7%25|padding_top_small:0px&#8221; ca_duration=&#8221;1600&#8243; ca_start_delay=&#8221;850&#8243; ca_delay=&#8221;160&#8243; ca_init_translate_y=&#8221;25&#8243; bg_pos_h=&#8221;80%&#8221; bg_pos_v=&#8221;50%&#8221; overlay_bg=&#8221;rgba(0, 0, 0, 0.69)&#8221;][vc_column][vc_row_inner css=&#8221;.vc_custom_1662633910035{padding-top: 20px !important;padding-bottom: 20px !important;}&#8221;][vc_column_inner responsive_align=&#8221;text-center&#8221;][vc_column_text el_class=&#8221;white-text&#8221;] As your mortgage nears maturity, your lender usually sends you a renewal offer. How does this affect the repayment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2387","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mortgage Renewal | \u00c9quipe Distinction - Improve Your Mortgage Terms with a Renewal<\/title>\n<meta name=\"description\" content=\"Looking to renew your mortgage and find the best terms? The mortgage brokers at \u00c9quipe Distinction with Multi-Pr\u00eats can help. Contact us for your mortgage renewal!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lescourtiershypothecaires.ca\/en\/mortgage-renewal-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mortgage Renewal | \u00c9quipe Distinction - Improve Your Mortgage Terms with a Renewal\" \/>\n<meta property=\"og:description\" content=\"Looking to renew your mortgage and find the best terms? The mortgage brokers at \u00c9quipe Distinction with Multi-Pr\u00eats can help. Contact us for your mortgage renewal!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lescourtiershypothecaires.ca\/en\/mortgage-renewal-services\/\" \/>\n<meta property=\"og:site_name\" content=\"Equipe Prospero | Courtiers hypoth\u00e9caires\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/specialistefinancementhypothecaire\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-31T17:52:33+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/lescourtiershypothecaires.ca\\\/en\\\/mortgage-renewal-services\\\/\",\"url\":\"https:\\\/\\\/lescourtiershypothecaires.ca\\\/en\\\/mortgage-renewal-services\\\/\",\"name\":\"Mortgage Renewal | \u00c9quipe Distinction - Improve Your Mortgage Terms with a Renewal\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/lescourtiershypothecaires.ca\\\/en\\\/#website\"},\"datePublished\":\"2022-06-13T20:40:59+00:00\",\"dateModified\":\"2024-10-31T17:52:33+00:00\",\"description\":\"Looking to renew your mortgage and find the best terms? The mortgage brokers at \u00c9quipe Distinction with Multi-Pr\u00eats can help. Contact us for your mortgage renewal!\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/lescourtiershypothecaires.ca\\\/en\\\/mortgage-renewal-services\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/lescourtiershypothecaires.ca\\\/en\\\/mortgage-renewal-services\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/lescourtiershypothecaires.ca\\\/en\\\/mortgage-renewal-services\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/lescourtiershypothecaires.ca\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Renew Services\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/lescourtiershypothecaires.ca\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/lescourtiershypothecaires.ca\\\/en\\\/\",\"name\":\"Equipe Prospero | Courtiers hypoth\u00e9caires\",\"description\":\"Notre \u00e9quipe compte plus de 20 courtiers hypoth\u00e9caire Multi-Pr\u00eats dans les r\u00e9gions de Montr\u00e9al, Lanaudi\u00e8re, Laurentides et la rive sud de Montr\u00e9al.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/lescourtiershypothecaires.ca\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Mortgage Renewal | \u00c9quipe Distinction - Improve Your Mortgage Terms with a Renewal","description":"Looking to renew your mortgage and find the best terms? The mortgage brokers at \u00c9quipe Distinction with Multi-Pr\u00eats can help. Contact us for your mortgage renewal!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/lescourtiershypothecaires.ca\/en\/mortgage-renewal-services\/","og_locale":"en_US","og_type":"article","og_title":"Mortgage Renewal | \u00c9quipe Distinction - Improve Your Mortgage Terms with a Renewal","og_description":"Looking to renew your mortgage and find the best terms? The mortgage brokers at \u00c9quipe Distinction with Multi-Pr\u00eats can help. Contact us for your mortgage renewal!","og_url":"https:\/\/lescourtiershypothecaires.ca\/en\/mortgage-renewal-services\/","og_site_name":"Equipe Prospero | Courtiers hypoth\u00e9caires","article_publisher":"https:\/\/www.facebook.com\/specialistefinancementhypothecaire","article_modified_time":"2024-10-31T17:52:33+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/lescourtiershypothecaires.ca\/en\/mortgage-renewal-services\/","url":"https:\/\/lescourtiershypothecaires.ca\/en\/mortgage-renewal-services\/","name":"Mortgage Renewal | \u00c9quipe Distinction - Improve Your Mortgage Terms with a Renewal","isPartOf":{"@id":"https:\/\/lescourtiershypothecaires.ca\/en\/#website"},"datePublished":"2022-06-13T20:40:59+00:00","dateModified":"2024-10-31T17:52:33+00:00","description":"Looking to renew your mortgage and find the best terms? The mortgage brokers at \u00c9quipe Distinction with Multi-Pr\u00eats can help. Contact us for your mortgage renewal!","breadcrumb":{"@id":"https:\/\/lescourtiershypothecaires.ca\/en\/mortgage-renewal-services\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/lescourtiershypothecaires.ca\/en\/mortgage-renewal-services\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/lescourtiershypothecaires.ca\/en\/mortgage-renewal-services\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/lescourtiershypothecaires.ca\/en\/"},{"@type":"ListItem","position":2,"name":"Renew Services"}]},{"@type":"WebSite","@id":"https:\/\/lescourtiershypothecaires.ca\/en\/#website","url":"https:\/\/lescourtiershypothecaires.ca\/en\/","name":"Equipe Prospero | Courtiers hypoth\u00e9caires","description":"Notre \u00e9quipe compte plus de 20 courtiers hypoth\u00e9caire Multi-Pr\u00eats dans les r\u00e9gions de Montr\u00e9al, Lanaudi\u00e8re, Laurentides et la rive sud de Montr\u00e9al.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/lescourtiershypothecaires.ca\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/lescourtiershypothecaires.ca\/en\/wp-json\/wp\/v2\/pages\/2387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lescourtiershypothecaires.ca\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lescourtiershypothecaires.ca\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lescourtiershypothecaires.ca\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lescourtiershypothecaires.ca\/en\/wp-json\/wp\/v2\/comments?post=2387"}],"version-history":[{"count":10,"href":"https:\/\/lescourtiershypothecaires.ca\/en\/wp-json\/wp\/v2\/pages\/2387\/revisions"}],"predecessor-version":[{"id":3758,"href":"https:\/\/lescourtiershypothecaires.ca\/en\/wp-json\/wp\/v2\/pages\/2387\/revisions\/3758"}],"wp:attachment":[{"href":"https:\/\/lescourtiershypothecaires.ca\/en\/wp-json\/wp\/v2\/media?parent=2387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}