Homeowners often choose to stick with their current lender because of time constraints, but it is important to assess current rates and terms during mortgage renewals. Seeking guidance from a specialist can be helpful in exploring options such as debt consolidation, home equity use, and property plans. Refinancing can also be considered for paying down the mortgage faster or leveraging home equity. It is crucial to question renewal forms and avoid signing them without ensuring the best rate. By utilizing top lenders in Canada, homeowners can benefit from multiple lenders competing for the best rate and access innovative tools for streamlined processes and optimal options.