Is it a good idea to renew your mortgage early?
Mortgage renewal
Don’t wait until the end of your term to take advantage of our rates
What are mortgage renewals?
When you renew your mortgage, you can customize the length of your next term and adapt it to your needs. You can request a renewal up to 6 months before the end of your current term to benefit from market rates. Explore your options and renew your mortgage over the phone with one of our experts.
Renewing your mortgage
Take stock of your finances
When your term ends, reassess your financial situation with help from one of our experts. You could qualify for a better rate.
Take advantage of early renewal
You can renew your loan up to 6 months before the end of your term. Decide on the conditions of your next term now and benefit from a guaranteed interest rate as of your next payment, without penalty.
Repay your loan more quickly
Do you want to pay off your mortgage loan faster? You can either increase your payment amounts for a set period or make additional payments of up to 10% on the original loan amount per year.
Tips for renewing your mortgage
Plan ahead
Think about your mortgage renewal ahead of time. You can renew your
loan up to 6 months before the end of your term.
Identify your needs
Choose your preferred duration, payment frequency and rate options.
Need advice?
Our team is here to answer all your questions.
Make an appointment
If you have any questions about your mortgage, fill out our form to receive a call from an advisor.
Find a mortgage expert in your region
Need more personalized advice? Select one of our mortgage experts to guide you through every step of your project.
You can also speak to one of our mortgage experts by calling us at 1-877-281-0144
Tip
Is your mortgage up for renewal? This is a great opportunity to update your mortgage insurance, so you're payments are protected if the need should arise.2
Do the math!
Call us at 1-877-281-0144 to get our best rates.
Mortgage payment calculator
Determine how much you could afford to pay each month based on your new rate.
Explore our renewal solutions
Is a line of credit right for you?
A loan renewal is a good time to consider an All-In-One® home equity line of credit. It lets you access your credit at any time1 without having to apply for new financing.
Transfer your mortgage to National Bank
Do you have a mortgage loan with another financial institution? Transferring your mortgage to National Bank is easy and could save you money.
Getting your project off on the right foot
Ask us your questions
Make an appointment with one of our advisors for all your mortgage questions.
Talk to a mortgage
expert
Our mortgage experts are here to provide you with personalized advice to help you move forward with your project.
Looking for additional information?
Find all the answers you’re looking for in our Help centre