Renewal.

Up for Renewal?

Whether your mortgage is with us or another financial institution, now is the perfect time to speak to one of our mortgage specialists. Together we'll explore your options to:

  • Reduce interest charges
  • Meet your changing financial goals & life needs

We're here to help. Let's discuss your renewal options together.

Mortgage Renewal FAQs

Mortgage Resources.

Here are some helpful resources to support your mortgage & homebuying journey.

Benefits of Our Mortgages.

Manage Your Mortgage

Our mortgage portal connects you to your mortgage anytime, anywhere, so you can:

  • Check your mortgage balance
  • Review your payment details
  • Change your payment frequency
  • Increase your payments
  • Make a lump-sum payment
  • Update your personal information

Prepayment Privileges

Looking to save on interest costs? Pay down your mortgage faster with our prepayment privileges:

  • Annual 20% lump sum: Every year you can pay up to 20% of your original mortgage balance on any regular payment date with the payment applied directly to your principal balance.
  • Annual 20% payment increase: Once per year you can increase your regular payment by up to 20%. The increased payment will be applied to your principal balance.

The terms and conditions of your mortgage will specifically detail the privileges provided.

Accelerate Your Payments

Looking to save even more? Making more frequent payments can reduce interest costs over the long term.

Contact us to find out how!

Join Our Inner Circle.

Stay up to date with our latest news.

RFA is a full service bank 
& mortgage lender. We're continually finding better ways to serve Canadians.

RFA Bank is a member of Canadian Deposit Insurance Corporation (CDIC). We offer Guaranteed Investment Certificates through a national network of Investment Industry Regulatory Organization of Canada (IIROC) regulated deposit dealers.

The maximum insurance protection for CDIC eligible GICs is to applicable limits.

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All rights reserved.

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