Mortgage Renewal Guides by Lender
Already have a renewal offer? Start with the written rate and full product terms. These lender guides help you organize the questions to review before signing without pretending there is one special rate for every borrower at a given bank.
Already received a renewal offer from your lender?
Check the rate against current Canadian mortgage benchmarks before you sign. FairRate is paid by you, not by lenders, and does not sell your information to brokers.
Free · no credit check · currently supports Canadian 3-year and 5-year fixed renewal offers
No broker calls. No data sold. No obligation.
How should you compare a lender's mortgage renewal offer?
Compare the written offer using the same mortgage term and product structure, then review the scheduled payment, remaining amortization, penalties, prepayment privileges, portability, fees, restrictions, deadline, and switching costs. The lender name alone does not tell you whether the offer is competitive.
Major-bank mortgage renewal guides
Use the lender page for offer-specific review questions, then use FairRate's benchmark-backed checker only when the written offer is a supported Canadian 3-year or 5-year fixed renewal.
Review the written offer, full product terms, and like-for-like comparison questions before signing.
Review the written offer, full product terms, and like-for-like comparison questions before signing.
Review the written offer, full product terms, and like-for-like comparison questions before signing.
Review the written offer, full product terms, and like-for-like comparison questions before signing.
Review the written offer, full product terms, and like-for-like comparison questions before signing.
Review the written offer, full product terms, and like-for-like comparison questions before signing.
Renewal offer pages already earning search visibility
These offer-specific pages answer narrower before-you-sign questions and are linked here because they complement the lender hubs rather than duplicate them.
Other Canadian lender renewal guides
These pages provide the same decision framework for other lenders. They do not claim a lender-specific benchmark or a guaranteed alternative rate.
What to review regardless of lender
- The exact written rate, term, and fixed or variable structure.
- The scheduled payment and remaining amortization.
- Penalty wording and how an early-break penalty is calculated.
- Prepayment privileges and payment-increase options.
- Portability and any conditions attached to it.
- Fees, cashback terms, promotional conditions, collateral-charge terms, and other restrictions.
- The renewal deadline and what happens if you do not respond.
- Qualification, documentation, legal or notarial, appraisal, registration, and transfer costs if you compare another lender.
Core FairRate Canada renewal resources
Compare a supported written renewal offer with current dated Canadian market context.
Use the broader before-you-sign renewal checklist and comparison framework.
Review scheduled-payment context, amortization, product terms, and switching costs.
Review transfer costs, qualification, documentation, timing, and restrictions.
FairRate Canada scope
FairRate Canada's benchmark-backed checker and paid benchmark reports currently support Canadian 3-year and 5-year fixed renewal offers. Variable-rate and other-term offers should not be forced against those fixed-term references.
FairRate Canada is not a lender, mortgage broker, mortgage agent, brokerage, underwriter, law firm, or financial advisor. It does not arrange mortgages, make lending decisions, guarantee another rate, or promise a particular negotiation or switching outcome.