Project Options
Use your mortgage renewal as an opportunity to change your terms, adjust your payments, or borrow for renovations.
Credit Friendly Options
Take advantage of renewal time to consolidate high-interest debt into one manageable mortgage payment—even with less-than-perfect credit.
Flexible Loan Terms
Switch from variable to fixed (or vice versa), adjust your amortization, or restructure your payment schedule.
Quick Approval Process
Renew without breaking your mortgage—no penalties when timed right. Let us handle the paperwork while you explore better terms.
Is Your Mortgage Up for Renewal in 2025?
Time to Make It Work in Your Favour
Many Canadians don’t realize that renewing your mortgage is the perfect time to restructure your finances, shop for a better rate, or even switch lenders. Whether you want to consolidate debt, access home equity, or change mortgage products, renewal time is your financial reset button.
With interest rates expected to decrease in 2025, now’s the perfect moment to let us help you evaluate your options.
Apply today to unlock the full potential of your mortgage renewal.
Certified Team
Our mortgage experts help you rework your mortgage during renewal to better align with your current lifestyle and future goals.
Trusted Company
Thousands trust Powerhaus to secure better terms, rates, and options at renewal time—without the hassle.
Apply For a Loan
Get Approved in a Few Simple Steps
Flexible Financing Options
Your Renewal Is a Fresh Start
If your mortgage no longer fits your financial life, your renewal is the best chance to reset. Whether you’re after a better rate, debt relief, home upgrades, or simply a better fit, our experts are here to help.
We’ll assess your current mortgage, shop the market, and show you how to make the most of this opportunity.
Apply now and let’s build a mortgage that works for your life today.
Frequently Asked Questions
It’s when your current mortgage term ends and you need to either renew it with your existing lender or switch to another one. It’s the perfect time to evaluate better rates or terms.
Yes—and you should! You’re not locked in at renewal time. It’s penalty-free to switch or renegotiate, making it the best time to secure a better interest rate.
Absolutely. Credit cards, car loans, and other debts can be rolled into your renewed mortgage. This means lower interest and fewer payments each month.
Yes! If you’ve built up equity, renewal time lets you tap into that value to fund home improvements or even buy a secondary property.
Yes. Whether you want more stability or to benefit from lower projected rates, renewal time is ideal to switch products or terms.
Generally, you’ll need your renewal notice, identification, and proof of income. If you’re switching lenders, you may also need a credit report, mortgage statement, and possibly an appraisal.
No problem—this can be done without breaking your mortgage. We’ll compare lenders and help you move your mortgage to one that offers better service, rates, or flexibility.