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    Mortgage renewal is coming. I work with a broker. Why am I being harangued by the bank the broker sealed the deal with for our first term?

    @bladkins03 Anytime. I'm a broker, but NOT a mortgage broker, but I've been thru renewals and certainly keep in contact with my own mortgage broker (used on several properties and renewals etc.). I would personally lock myself in 30days before that maturity as I am risk adverse and want to...
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    Mortgage renewal is coming. I work with a broker. Why am I being harangued by the bank the broker sealed the deal with for our first term?

    @bladkins03 If he's anything like me, I'd keep in contact with you and try to be helpful or ensure it's smooth just so you remember that "I'm your guy"....that's how you keep people coming back, even if it's every 5 or 10 years...or maybe there's something weird going on!
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    Mortgage renewal is coming. I work with a broker. Why am I being harangued by the bank the broker sealed the deal with for our first term?

    @bladkins03 They get paid on new money. Renewal without refinance makes them no more commission but moving to new bank is new money to the new bank so they get paid. Broker may want to simply stay in loop to ensure you don't have issues....Maybe they just care. OR maybe there is now some...
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