MORTGAGE RENEWAL ALBERTA
Mortgage Renewal in Alberta — Don't Sign Until You Compare
If your mortgage renewal in Alberta is approaching, your lender will send you a renewal offer. Most homeowners sign it without comparing — and leave thousands on the table.
I'm Lisa Nguyen, an Alberta mortgage broker who helps homeowners across the province compare renewal rates from 100+ lenders. My renewal review is free, and there's no obligation.
How I help Alberta homeowners with mortgage renewals
Most Albertans receive a mortgage renewal letter from their lender and assume it's a good deal. In many cases, it's not even close to the best rate available.
As your Alberta mortgage renewal specialist, I compare your renewal offer against rates from over 30 lenders — banks, credit unions, and alternative lenders — to find the option that saves you the most.
Compare your bank's renewal offer against 100+ lenders
- Review your current mortgage terms, penalties, and prepayment options
- Explore whether switching lenders at renewal makes sense (often free)
- Analyze fixed vs variable rate options for your situation
- Assess whether refinancing may be a better strategy than renewing
- Provide a clear recommendation — no pressure, no obligation
- Get My Renewal Compared
- Why most Albertans overpay at mortgage renewal
Your bank knows that renewal is the easiest time to keep your business. That's why the rate on your renewal letter is rarely their best offer — it's their starting point.
A mortgage broker works for you, not the lender. I negotiate on your behalf and have access to rates that aren't available directly to consumers. Even a 0.25% difference can save you thousands over a 5-year term.
Whether you're in Edmonton, Calgary, Red Deer, or anywhere in Alberta — the process is the same, and the savings are real.
What a better renewal rate could save you
Mortgage balance
$400,000
Rate difference
0.30%
5-year savings
~$6,000
* Example only. Actual savings depend on your mortgage balance, rate, and term length. Contact me for a personalized comparison.
Mortgage renewal questions — Alberta
When should I start looking at mortgage renewal options in Alberta?
Ideally 120 days before your term ends. This gives you time to compare rates, get a rate hold, and make an informed decision — rather than rushing at the last minute.
Can I switch lenders at mortgage renewal in Alberta?
Yes — and it's usually free. At renewal, there's typically no penalty to switch lenders. Your new lender handles the transfer, and you can access better rates and terms.
Do I need a mortgage broker for my renewal?
You don't have to, but most homeowners benefit from it. A broker compares rates from 100+ lenders — your bank only offers their own. Many clients save thousands over their term.
What's the difference between renewing and refinancing?
Renewing means starting a new term on your existing mortgage. Refinancing changes the mortgage itself — accessing equity, changing the amortization, or restructuring. I can help determine which makes more sense for your situation.
Is there a cost for a mortgage renewal review?
No. My renewal review consultations are complimentary. I'll compare your current offer against what's available and give you a clear recommendation.
Mortgage renewal coming up in Alberta?
Don't just sign your bank's offer. Let me compare rates from 100+ lenders and show you what's available — free, no obligation.