While mortgage transfers have been a great alternative when you want to consolidate in the same process, it has proved cumbersome if there are no additional funds advanced. Documentation demands, pressure tactics and rate games from the original financial institution, as well as the costs involved doesn't make the process very attractive.

My Best Mortgages's switch program aims to improve this process through minimum documentation requirements, value added services and My Best Mortgage's industry leading service and low rates.

Our Switch/Transfer program includes:

All legal and appraisal costs (including title insurance)
Home Warranty coverage for one year
EASY SWITCH - Little employment documentation required when mortgage renewal provided (My Best Mortgage will confirm income from EASY SWITCH form which is completed at the time of application.

Our Minimum requirements are:
 

   • Minimum Term 3 years
   • Minimum Amortization 10 years
   • Minimum Loan Amount $75,000

Switches not available for: Private mortgages, Line of Credit, Step and Split level mortgages

Please contact us if you have any questions regarding this program.