for no cost – we will shop and negotiate your renewal for you!

Welcome to our Mortgage Renewal page!  We don’t just renew mortgages; we open doors to new opportunities. As an experienced Mortgage Agent based in London, Ontario, Sean has witnessed firsthand how the right approach to mortgage renewal can make a significant difference. Let’s take a look at not just the ‘how,’ but also the ‘why’ of planning ahead of time and taking advantage of this opportunity is so important.

Navigating the mortgage renewal process can be a scary task for many homeowners, but with the right information and guidance, it can be a smooth and successful experience.  Whether you’re looking to achieve a lower interest rate, adjust your payment schedule, or simply renew your existing terms, these tips will empower you with the knowledge and tools to make informed decisions.

Common Mistakes To Avoid During The Mortgage Renewal Process


1. Auto-renewing: Simply accepting the renewal terms without exploring other options can result in missed opportunities for better rates or terms.

2. Not researching: Failing to research and compare different lenders and mortgage products can lead to higher interest rates and less favourable terms.

3. Ignoring fees and penalties: Not understanding the fees and penalties associated with your mortgage renewal can lead to unexpected costs down the road.

4. Overlooking the fine print: Failing to read and understand all the terms and conditions of your mortgage contract can leave you vulnerable to unfavourable terms or hidden fees.

Renewing your mortgage doesn’t have to be a complicated or stressful process. By following these seven essential tips, you’ll be well-prepared to navigate the mortgage renewal process and achieve your financial goals. Remember to start early, review your current terms, research other options, gather the necessary documentation, negotiate for the best renewal terms, and consider working with a mortgage broker. Avoid common mistakes and seek professional advice when needed. With the right knowledge and preparation, your mortgage renewal journey can be smooth, successful, and financially rewarding.

5 Tips For An Efficient Mortgage Renewal


Keep all your documents in one place and maintain a record of all communication with your lender or broker.  Having all of your mortgage details in an easy to access spot will help you recall them at renewal time.


Take the initiative to reach out to your lender or broker if you have any questions or concerns.  If you are a client of ours, we will be in contact with you 150 days from your renewal.  If you haven’t heard from your lender or broker we would be more than happy to assist you.


Use the renewal process as an opportunity to review your overall financial situation and consider other financial goals such as debt consolidation or home renovations.


Read and understand all the terms and conditions of your mortgage contract before signing


If you’re unsure about any aspect of the renewal process, don’t hesitate to reach out to us.  We will take great care of you as we do with all of our other clients.


Whethere your renewal is coming up within the next little while or years from now, we would be more than happy to review your options and help you begin planning!


1.Getting To Know You

From the initial phone call and beyond, it is our mission to fully understand your needs and wants.  After the initial call, you will be sent a link to begin setting up your personal secure client portal.  Once your portal has been set up and verified by supporting documents, we will begin finding you the best solution that meets your needs.

2. Finding A Solution

Every client we work with is different, however the end goal remains the same.  Find the solution that best meets their needs.  With access to over 100 lenders, we will do the shopping for you.  Once we have found your best options, we have a call to review and decide on how you would like to proceed.

3.Making It Happen

You have now decided on what is best for you and it’s our time to make it happen.  Our team will work directly with the lender on your behalf and present your mortgage to them.  We will negotiate the best terms, conditions, and rates for you.  If there is any further documents required, we will assist you with gathering and packaging them.

4.Continuing Our Relationship

If we have yet to already separate ourselves from the competition, this is where we really shine.  We will be by your side and help you with any questions that come up throughout your term and will be proactively reviewing your mortgage so that you are always receiving the best option available for you as time goes on

Jennifer SorochanJennifer Sorochan
16:56 22 Apr 24
Sean provided us with extremely prompt service and knowledgeable advice. He was always available to answer all our questions and put us at ease. I have already recommended to friends and family!
Jennifer ZhangJennifer Zhang
00:11 19 Apr 24
Sean and his ram were fantastic to deal with. They made the home buying process extremely smooth plus, all questions were thoroughly explained. We will definitely deal with Sean and crew again!
Carrie SpicerCarrie Spicer
15:15 02 Apr 24
Sean and Nick were recommended to us. They are friendly, incredibly knowledgeable, provided a great rate with excellent communication every step of the way. Financing is never a simple process but they made it easy!
Dani HDani H
20:17 29 Mar 24
This is my second mortgage with Sean Prosser Mortgages. Would recommend them to everyone. Responsive, knowledgeable and very pleasant to work with. Thanks again Sean and Nick!!
Minh TranMinh Tran
15:50 06 Feb 24
I am a Realtor and have been working with Sean and Nick for many years. I like how I can refer to him and trust that he'll get the job done and take care of my clients. Efficient communication and very knowledgeable. Keep it up!
Sarah GrahamSarah Graham
16:30 10 Jan 24
Sean was wonderful well assisting my husband and I in our mortgage refinance. Always quick to answer questions and easy to talk too!
D. NexusD. Nexus
03:19 21 Dec 23
Highly recommend!
16:28 15 Dec 23
Sean Prosser truly went above and beyond to meet my mortgage needs. He was able to help me out when other agents let me down. He is personable, professional, and able to explain things in an easy to understand manner for first time home buyers. If you are in the market for a mortgage agent, his services are first rate!
Erik HigbeeErik Higbee
22:52 26 Nov 23
As a first-time homebuyer, Sean made the process of securing a mortgage feel effortless, while still getting us excellent terms, despite of the current market conditions. He was accessible , thorough, and highly competent. Highly recommend 🙂
Austin D. TitusAustin D. Titus
14:57 13 Nov 23
Sean and I have worked together with many clients over the past 7 years. As a Realtor it's important to have a reliable mortgage broker like Sean and his team to refer clients to. I know I can always trust that my clients will be in good hands with a trustworthy, honest and reliable mortgage broker in London Ontario. I look forward to working with Sean for years to come.
Isaac DeCalIsaac DeCal
14:17 03 Oct 23
We have worked with Sean and his team in the past and their customer service and results continue to amaze us. They went out of their way to ensure we were well informed and comfortable with the renewal of our mortgages in these challenging times. Under tight timelines and some added complexities, Sean and the team delivered. We’re extremely happy with the process and results! Thank you for all the hard work!
Harinath BabuHarinath Babu
22:32 13 Sep 23
Sean & Nick are the people to go to. Helped get a good interest rate. They supported from beginning to end and helped a flawless closing on time.
Oren SiegelOren Siegel
13:26 24 Jun 23
Terrific experience with SeanHard working and got the best rates around in a tricky marketYou’d be foolish to go anywhere else!Highly recommend the Sean/Nick team✔️✔️
Judy HildebrandtJudy Hildebrandt
15:23 19 Jun 23
We had a great experience working with Sean and Nick, they made the process so simple. We'll continue to recommend them and will use them in the future again!
Mitchell QuathamerMitchell Quathamer
13:36 05 Jun 23
Sean made my mortgage renewal quick and easy, highly recommend for anyone looking for a mortgage agent,Mitch
Yzerman SakicYzerman Sakic
14:12 26 May 23
Sean and his team were very helpful and got my family and I a great rate on our new condo. They were a pleasure to work with.
Kezia ThiessenKezia Thiessen
16:19 31 Jul 22
Sean and Nick were an absolute pleasure to work with. We had a short time frame and they made everything happen smoothly. They were both very responsive and made sure we knew what was happening at all times. I would 100% recommend Sean and Nick to anyone who needs a mortgage!
Emily GrassEmily Grass
17:18 16 May 22
My partner and I are so happy we chose to start our home search with Sean! We are first time home buyers and Sean gave us a great overview of the process from start to finish. He answered all of our questions and we really appreciated his quick response - even on weekends/evenings. It was so reassuring to work with him. Sean is a knowledgeable mortgage professional and we couldn't be more pleased with the service him and his team provided us. We look forward to enjoying our new home and working with Sean in the future for any mortgage needs!