Renewing vs refinancing
Both renewing and refinancing means you’ll be renegotiating your current mortgage. But that’s where the similarities end. Choose either option below to learn more.
Renewing your mortgage
When you renew, things to look over are:
Refinancing your mortgage
Refinancing your mortgage means you have decided to borrow more money. It's simply another way to take advantage of the equity you've built in your home.