Mortgage Renewal Comparison - Is Your Bank's Offer Fair?
Enter your bank's renewal offer. See what you could get instead.
This tool provides estimates for informational purposes only. Actual rates and results depend on your specific situation. Rates last updated 2026-04-06. Rates are subject to change at any time.
Don’t Just Sign Your Bank’s Renewal Letter
When your mortgage term ends, your bank sends a renewal offer. Most people sign it without a second thought. That’s a mistake that could cost you thousands.
Here’s what your bank won’t tell you: their renewal rate is almost never the best rate available. It’s a starting offer, designed for people who don’t shop around.
As a mortgage agent, I compare rates from over 30 lenders - including the big banks, credit unions, and monoline lenders. In most cases, I can find you a better rate than what your bank is offering. And my services are free to you - I’m paid by the lender.
What Happens During a Renewal Review?
In a quick 15-minute call, I’ll review your bank’s renewal offer, compare it against the best rates currently available, explain your options (including switching lenders - which is easier than you think), and give you a clear recommendation. No pressure, no obligation.
The Switching Process Is Simpler Than You Think
Many people stay with their bank because switching sounds complicated. In reality, switching lenders at renewal is straightforward - your new lender handles most of the paperwork, and there are typically no legal fees for a straight switch.
Ready to find out what you’re leaving on the table?