Switching costs nothing at renewal
A penalty applies when you break a mortgage mid-term. At maturity you can move lenders without one, and most people never use that window.
Mortgages by ASAP
Renewal review
Your renewal letter is one offer. Calgary has plenty more.
Most people sign the first number their lender mails them. Aspasia reviews your renewal against what other lenders are offering, explains the trade-offs in plain language, and says so when staying put is the better move.
5.0★ from 3 reviews Free renewal review · No obligation to switch · Calgary, Alberta
Aspasia Tsiulis Mortgage Associate
Your renewal letter
Bring it exactly as your lender sent it. That is all Aspasia needs to start.
Alberta-licensed Mortgage Associate, RECA ID CON-00125180, with Breezeful, Inc.. Aspasia compares options across lenders on your behalf rather than working from a single rate sheet. There is no cost to talk and no obligation to switch. Based in Calgary, Alberta.
Most people call once the renewal letter arrives, unsure whether a second look is even worth it. Usually it is. When it is not, Aspasia says so.
The comparison covers what other lenders would offer on your numbers and what the fine print beside the letter actually commits you to, so you decide on a comparison rather than a single offer.
The letter in your mailbox is one lender talking
A renewal notice is an offer, not a market. Here is what is actually on the table in those few weeks before you sign.
The rate is only part of the deal
Term length, prepayment room and how a lender calculates a break all change what the next five years cost you.
You can restructure, not just re-sign
Renewal is the moment to change your amortization, your payment schedule, or fold other debt into one plan.
Thirty minutes, and nothing to prepare
Here is how the call with Aspasia usually goes.
Aspasia Tsiulis One conversation covers renewals, first purchases, refinances and consolidation, and you get a straight answer about what a change would actually cost you, including when leaving it alone is the better move.
You send
Your renewal letter, exactly as it arrived. Aspasia reads the offer, the term and the fine print before you talk.
You talk
What the next few years look like: staying put, moving, renovating, or folding in other balances.
You decide
The comparison comes back in writing so you can read it on your own time. Nobody chases you for an answer.
What we offer
- Mortgage renewals
- First-time home buyer mortgages
- Refinancing
- Debt consolidation
- Pre-approvals
Google review 5.0 from 3 reviews
“Professional and Excellent service, great support and communication. The process went smoothly and I greatly commend and will recommend her.”
Frequently asked questions
When should I start looking at my renewal?
Around four to six months before your maturity date. Lenders can hold a rate for a set window, so starting early gives you room to compare instead of signing under a deadline.
Does switching lenders at renewal cost me a penalty?
No. A penalty applies when you break a mortgage mid-term. At renewal the term has ended, so moving is not a break. Some lenders charge small transfer or discharge fees, and Aspasia goes through those with you first.
What if my current lender already sent a good offer?
Then staying is the right answer and you will hear that. The point of the review is knowing what the rest of the market is offering before you sign.
Do I have to switch to get advice?
No. There is no cost to talk and no obligation to move your mortgage anywhere.
Renewal review
Request a callback
Leave your details and Mortgages by ASAP gets back to you directly to set up a time that works for you.
- Free renewal review
- No obligation to switch
- Calgary, Alberta
You'll be speaking with Aspasia Prefer to talk? Call 403-809-2794.
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Takes under a minute
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Prefer to talk now? Call 403-809-2794.