Enjoy a wealth of benefits when you renew with BlueShore Financial
Our exclusive client rates
Review our rates or ask about our best rates available to you as a BlueShore Financial client.
Secure your rate for 120 days
Peace of mind as a client, knowing our rates come with a 120-day rate hold.
No need to requalify
Reduced paperwork when you renew, knowing you won’t need to requalify on your existing mortgage.
Penalty-free early renewal
Renew your mortgage early within 120 days of maturity, penalty-free
Flexible payment terms
A range of flexible amortization periods and payment terms to suit your lifestyle and budgeting needs.
Flexible insurance options
A suite of options providing the right coverage and protection for what matters most to you.
Refinancing at renewal
Whether you're looking to renovate, buy additional property, fund a large expenditure or capitalize on more favourable rates and payments, we can help you refinance to meet your goals.
Step 1: Prepare for your renewal date
Mortgages are typically negotiated on a term basis. Ahead of renewal, your lender will contact you to renew and discuss new rates and terms. Start your preparation several months ahead of renewal.
- Review your current finances and budget
- Get an understanding of current rates
- Consider any current or future changes in your life or needs
If your mortgage is with BlueShore Financial, we will contact you a few months ahead of your renewal to discuss and review details with our mortgage experts.
Step 2: Review renewal options
Renewal time offers the opportunity to adjust specifics like rate, term length, amortization, and payment schedule.
- Consider your current and future financial situation for the term ahead
- Review current posted rates
- Ask about our best rates, exclusive to you as a BlueShore Financial client
- Use our Mortgage Calculator for help
BlueShore Financial offers a team of financial and experts with mortgage know-how who can help you with your questions about renewing your mortgage.
Step 3: Discuss your renewal with an advisor
As your renewal date approaches, make an appointment to review options, strategies, rates and terms with a mortgage specialist.
- Book your appointment well in advance
- Have your budget and financial documents ready
- Consider any changes you may need
- Ask your mortgage advisor for guidance
Our team of financial advisors are here to help with your mortgage needs. Ask about special terms, rates and offers that may apply.
Frequently Asked Questions
Mortgages are typically negotiated on a term basis with a specific timeframe and rate applied to the term – typically five years or less. When the term comes near its end, you should take time a few months ahead of the term deadline to review your finances, goals, and options.
Depending on the rate at the time of renewal or the length of the term you renew for – including the payment terms you decide on – your mortgage payment could increase or decrease. Explore your options and potential scenarios by using our helpful Mortgage Calculator.
Have a question? Ask an expert
Ronak Yazd Financial AdvisorMutual Funds Investment Specialist
Financial Advisor
Mutual Funds Investment Specialist
Our team of experienced professionals are here to answer any questions you may have.
Feel at home with our featured mortgage offers
Enjoy greater security and settle in with our featured rates on eligible mortgages. Plus, get the terms and flexibility you desire.
- Predictable payments to complement your budget
- Personalized payment frequency: weekly, bi-weekly, semi-monthly or monthly
- Flexibility to pay down original principal
- Opportunity to increase scheduled payments
Speak to us today about a mortgage that suits your goals.
Tools & Advice
Home Ownership
Time to renew or refinance your mortgage?
If your mortgage is coming up for renewal, consider all the factors that will affect how it can meet your current and future needs.
Home Ownership
Deciding on a mortgage strategy
Buying a home is a big decision and selecting a mortgage can feel overwhelming. Learn more on how to make the right choice for you and your family.
Get the most from your mortgage
Online
Complete this form and a BlueShore Financial representative will contact you, or click the Live Chat icon to begin a chat.
By Phone
Phone: 604.982.8000
Toll-free: 1.888.713.6728
Solution Centre Hours:
Mon to Fri 8am-8pm,
Sat 9am-5pm
In Person
Visit a branch near you to continue your home ownership journey and explore our mortgage rates and offers.