Quote:
Originally Posted by OzSome
You are not obligated to renew your mortgage to them. You can look around for a better offer if you want. Just to be on a safe side, when you happen to find another mortgage company or bank to let your existing mortgage company that you are not renewing with them because you found a better offer. You never know they might change their offer for the better.
I went to a different company when i renewed my mortgage a few years ago.
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If you do something like this and switch from one company to another do you need to go through whole mortgage application process again with the new company?