What is a Lender Transfer?

A mortgage lender transfer allows you to move your existing mortgage from one lender to another, typically to secure better terms, lower interest rates, or improved customer service, this can be done at renewal or during your current term.

Key Benefits:

• Lower monthly payments

• Reduced interest rates

• Better customer service

• Access to new mortgage products

Why Choose My Mortgage Medics?

• Expert Negotiation:
  We work with multiple Canadian lenders including major banks, credit unions, and alternative lenders

• No Upfront Fees:
  We're paid by the lender, on a home purchase.

• Full-Service Support:
  We handle all paperwork and communication with you and the Lender to completion

• Provincial Expertise:
  Licensed in Alberta, BC and Saskatchewan with knowledge of regional programs

Why Should You Consider a Lender Transfer?

• Your current rate is above Bank of Canada prime rate trends

• You want to switch from variable to fixed rate (or vice versa)

• Need to access home equity (up to 80% LTV)

• Want to consolidate high-interest debt

• Considering longer or shorter amortization (up to 30 years)

• Income has increased significantly

• Credit score has improved (aim for 650+ for best rates)

• Planning major renovations

• Approaching mortgage renewal (great time to switch!)

• Poor customer service experience

• Limited online banking features

• Inflexible payment options

• High penalty fees

• Lack of mortgage products

Financial

Life Changes

Service Issues

Ready to take

the next step?

Ready to take the next step towards your dream home?