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Renewing Your Mortgage

Little-known ways to renew and save

Renewing your mortgage is a great opportunity to look beyond exclusively focusing on rates and take the time to review your current situation – and adjust your goals and plans if they’ve changed.

mortgage renewal squamish

Little-known ways to renew and save

Renewing your mortgage is a great opportunity to look beyond exclusively focusing on rates and take the time to review your current situation – and adjust your goals and plans if they’ve changed.

We believe that mortgage renewals offer a chance to strategically realign your personal objectives with market opportunities, and explore options to maximize your investment and enhance your life.

We look at factors such as payment flexibility to boost your ability to save on penalty fees, interest or other costs down the road. And in many cases, these are the kinds of details that make a big difference in your return on investment in the long run.

Discover Your Wealth
iPhone mockup displaying Paul Hudson's mortgage calculator app, featuring an intuitive interface for calculating mortgage payments and rates.

Your free and comprehensive mortgage calculator app is here!

This powerful tool will help you take control of your financial future with ease and confidence.

• Compare rates from hundreds of lenders
• Personalized and detailed reports
• Determine your maximum purchase price
• Breakdown of all your closing costs
• Simulate debt payoff and adjust payments

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Personalized Mortgage Services

Unique mortgage solutions designed for your unique lifestyle

Shopping for a mortgage can feel confusing, intimidating, complicated and time-consuming. We simplify the mortgage process to save you money, time and frustration, and to ensure you get the right fit for your needs.

As independent VERICO advisors with access to over 50 mortgage lenders, we offer the best match for your lifestyle goals, financial situation and unique circumstances.

A couple happily loading their bicycles into a car in Squamish, excited for an outdoor adventure.
Professional headshot of Paul Hudson, a mortgage broker in Squamish, with a friendly smile and approachable demeanor.
Paul Hudson awarded Presidents Club 2021.
Paul Hudson recognized as Best XEVA X-Man 2021
Paul Hudson recipient of The Squamish Chief Readers Choice Award in 2018.
Paul Hudson recipient of The Squamish Chief Readers Choice Award in 2021
Paul Hudson awarded Presidents Club 2021.
Paul Hudson recognized as Best XEVA X-Man 2021
Paul Hudson recipient of The Squamish Chief Readers Choice Award in 2018.
Paul Hudson recipient of The Squamish Chief Readers Choice Award in 2021
Paul Hudson recipient of The Squamish Chief Readers Choice Award in 2023.

Award-winning Squamish Mortgage Broker

Meet Paul Hudson

Paul Hudson, principal of Paul Hudson Mortgage Wealth, is an award-winning Mortgage Broker with over 20 years of professional experience. Paul founded Paul Hudson Mortgage Wealth with the bold vision to inspire people to achieve their wealth potential through mortgage opportunities.

Meet Paul
Graphic map of Canada and the areas Paul Hudson provides Mortgage services to

Your Local Mortgage Experts

Serving Towns & Cities Across the Province

We service across British Columbia including:

Squamish

Whistler

Pemberton

Vancouver

Sechelt

Gibsons

Powell River

Courtney

Comox

Cumberland

Graphic map of BC and the areas Paul Hudson provides Mortgage services to

Frequently Asked Questions

Yes—quite possibly! By providing us with your current lender’s best rates, we can quickly assess whether lower rates are available for the same mortgage type. If a lower rate isn’t immediately available, we can apply the float-down technique, where we monitor rates for potential drops during the 120 days leading up to your renewal. At the same time, we ensure your rate is protected against potential increases. Our float-down strategy typically saves our clients approximately $10,000 on their upcoming mortgage term.

Yes! This is a common request at mortgage renewal time. Unlike many lenders, we streamline this process to help you transition smoothly and efficiently.
Yes, and we can structure it to maximize your savings. While the application process is similar to your bank’s, our consolidation solutions are more flexible. Instead of amortizing all debts over a 25-year mortgage term, we can structure shorter repayment periods (e.g., 5 years or less) for specific debts like car loans. In many cases, we can offer mortgage-level interest rates on vehicle loans, helping you pay them off more affordably. Additionally, consolidation can be as simple as merging multiple mortgage accounts and HELOC balances.
Yes! For the right borrower, a Home Equity Line of Credit (HELOC) can be a smart financial tool to cover real estate down payments, renovations, education costs, business startups, or unexpected expenses. Renewal is an ideal time to reassess your financing options and add a HELOC if it suits your goals.
Yes! Whether you’re upgrading your home, expanding your real estate portfolio, or funding a new project, we can structure your mortgage to align with your long-term goals. Working with an experienced mortgage broker ensures you get the best financing strategy tailored to your needs.
Yes! Although it may seem counterintuitive, in some cases, paying a penalty to break your current mortgage term and secure a lower rate for the remainder of your term can save you significant money. Recently, this strategy has helped clients save thousands of dollars over the remaining term of their mortgage and reduce amortization by up to 4 years. Imagine eliminating 48 months of payments by acting quickly in a low-rate environment. This approach is most effective when a mortgage holder responds promptly to market changes with the guidance of a knowledgeable mortgage broker in conjunction with a lawyer or notary
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