Mortgage Renewals in Ontario
Your lender's renewal letter is rarely their best offer. With Lenderoo, renewing your Ontario mortgage means comparing the entire market and switching for free if a better deal is out there.
At renewal, your term ends and you choose new terms for the balance of your Ontario mortgage. Most people simply sign their bank's offer and overpay. Lenderoo shops 40+ lenders at renewal — often switching with no penalty — to get you a better rate, free.
Why Lenderoo
Mortgage Renewals in Ontario, done right
What you get when you work with Lenderoo for mortgage renewals in Ontario.
Beat your bank's offer
We compare 40+ lenders so you're not stuck with the first rate your bank sends.
Switch with no penalty
At renewal you can move lenders without a prepayment penalty if you're not increasing the balance.
Right product for now
Fixed or variable, shorter or longer term — we match the mortgage to today's plans, not your old ones.
Start early, stress-free
We begin shopping 4–6 months before your maturity date so you never miss a window.
How it works
Getting mortgage renewals in Ontario
Send us your renewal
Share your maturity date and current details — ideally a few months before your term ends.
We shop 40+ lenders
We compare your bank's offer against the whole market for the Ontario renewal.
Renew or switch — free
Stay and negotiate, or switch lenders at no cost. We handle the paperwork either way.
Is this you?
Mortgage Renewals is a fit if…
- Your Ontario mortgage is up for renewal in the next 6 months
- You don't want to auto-sign your bank's offer
- You want to compare fixed vs. variable again
- You'd switch lenders for a better rate
Why Ontario clients choose Lenderoo
The mortgage professionals in our network know the Ontario market — and Lenderoo brings the buying power of 40+ lenders. You get local insight plus a great rate, with someone on your side from first call to funding.
Get pre-approved in OntarioNo impact to your credit to start
Questions & answers
Mortgage Renewals in Ontario: FAQs
Common questions about mortgage renewals in Ontario.
More in Ontario
Related mortgage services
Refinancing in Ontario
Lower your rate or unlock your equity in Ontario — we compare 40+ lenders.
Learn moreFirst-Time Home Buyers in Ontario
Buy your first home in Ontario with as little as 5% down — and a pro who guides you the whole way.
Learn moreHELOCs in Ontario
Flexible, revolving access to your Ontario home's equity — borrow only what you use.
Learn moreReady for mortgage renewals in Ontario?
Apply in minutes. We'll shop 40+ lenders and match you with a top professional — free, and on your side.