Person sitting beside window - Renew your mortgage at the lowest 5 year rates

Mortgage up for renewal?

Don’t assume your current lender is offering you the best rate to stay. Apply in minutes and save thousands when you switch to Pine.

Save thousands of dollars with Pine

The mortgage rates as of {{July 14, 2023}} are for reference only and not a guarantee. Rates can change without notice and depend on many factors.
Mortgage approval is contingent on underwriting approval. Additional fees and costs may apply, and not all applicants will qualify for the advertised or lowest rate.

See the potential savings with Pine

Securing competitive rates

With Pine, expect rates that are often lower than traditional banks', resulting in substantial savings on your monthly payments.

Guidance from experts

Lean on our network of seasoned professionals across Canada. Their expertise is your assurance for sound and reliable advice.

Custom-tailored mortgages

We work to find a mortgage solution that aligns with your evolving lifestyle, whether that involves adjusting your prepayment terms or payment amounts.

Efficiency at its best

Experience the power of technology-driven efficiency with Pine. Our streamlined process makes mortgage renewal swift – think in terms of days, not weeks.

How it works

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Apply online

Just click on 'Get started' located at the top right of our webpage to launch your application. With an easy-to-use online platform, you can start your home financing journey in less than 10 minutes.

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Submit documents

Safely upload your identification and relevant supporting documents via our secure customer portal. This helps us understand your financial capabilities and tailor the best solutions for you.

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Get approved

Get ready to make your housing dreams come true. Our skilled mortgage advisors will guide you through the optimal choices tailored to your specific financing requirements.

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Congratulations, you've reached the final step of the mortgage process! This is where all the remaining paperwork gets signed and your mortgage funds are released.

lock in your mortgage rate today

Say no to rising rates

Lock in your tailored rate for 120 days

Lock in my tailored rate

Tips on renewing your mortgage


Determine your goals

Consider your current financial goals. Would you like to take this opportunity to make a prepayment, renew for a different term or interest rate options?


Avoid auto-renewing

Don't let your mortgage auto-renew without exploring other options first. Auto-renewing may mean missing out on better rates and terms available from other lenders.


Shop around early

Begin the process of renewing your mortgage a few months before your current mortgage term expires to give yourself enough time to shop around for the best deal.


Ask for rate holds

Did you know a rate can be held for up to 120 days? You are rate protected. Should the rate drop in this time you will be honoured the lower rate, and should the rate increase you are still receive the lower rate. Win-win.


Consider changing your mortgage type

You may want to consider changing your mortgage type, such as switching from a variable-rate mortgage to a fixed-rate mortgage, or vice versa, to save money on interest.


Consider the length of the mortgage term

Think about whether you want a short-term or long-term mortgage. Short-term mortgages typically have higher interest rates, while long-term mortgages offer stability and predictability.

“Possibly the best rate you can find in the market, and great agent who is professional and provides honest advise. Would recommend!”

Zihao J.
Two people on a sofa renewing their mortgage

Just a few minutes could save you thousands

Question? We've got answers.

What’s involved in getting a mortgage from Pine?

Does Pine charge any lender fees?

Can I take advantage of the Home Buyer’s Plan with Pine?

Will I have a point of contact at Pine?

Is my data secure with Pine?

How much of a down payment does Pine require?

Can Pine help me if I have poor credit?

Knowledge is power

For more detailed insights, our blog section is a treasure trove of resources. You'll find articles on everything from understanding mortgage terminology to tips on saving for a down payment and market updates. The more you know, the better prepared you'll be when it comes to making the big decision of buying or refinancing a home.

Mortgage 101

Amortization: What is it and how can you pay your mortgage off faster?

Home Buying

From cottages to condos: Understanding the many types of homes

Mortgage 101

Can't put down a 20% downpayment? Here's what happens