In this episode of At Home in Waterloo Region, Cher sits down with Amanda Walczyk of Saltbox Mortgages to break down what homeowners need to know about mortgage renewals in 2026, why early planning is critical, and how having the right team can completely transform your real estate journey. They also share a real client success story that highlights the power of collaboration between a realtor, mortgage agent, and financial planner, along with real-world lessons from complex transactions.
In this episode you will hear:
- [01:18] Amanda explains why there is a surge in mortgage renewals this year and how increased volume is impacting timelines.
- [02:29] Amanda shares essential tips, including why self-employed individuals need up-to-date taxes and how job changes can affect mortgage approvals.
- [03:22] They emphasize that starting the renewal process at least three months in advance allows for better options, lower stress, and stronger outcomes.
- [04:07] Amanda walks through a real example where limited time reduced lender options and led to more expensive solutions.
- [05:14] They explain how open mortgages can offer flexibility but often come with significantly higher interest rates.
- [07:00] Cher and Amanda discuss how early planning helps eliminate uncertainty and reduces the mental burden of major financial decisions.
- [08:09] They highlight the importance of working with professionals who collaborate and communicate effectively on your behalf.
- [08:52] They share a detailed client story where strategic planning allowed homeowners to keep their property as a rental while purchasing their dream home.
- [11:23] Cher explains why they requested a longer financing condition and how it ultimately protected the client.
- [13:37] Amanda discusses why taking a conservative approach can help prevent costly surprises and ensure smoother transactions.
- [16:00] They share real-life examples of unexpected issues, including title complications and last-minute banking errors.
- [18:17] Amanda explains how mortgage approvals now take longer than in previous years due to increased scrutiny and volume.
- [20:56] Cher and Amanda discuss why it is important for professionals to stay within their expertise and collaborate rather than overlap roles.
- [24:29] Amanda highlights some favourite local businesses, including The Boathouse where her and Cher recently hosted an event
Connect with Amanda:
Instagram: @saltboxmortgage_agent
Let's Connect:
Instagram: https://www.instagram.com/at.home.co
Website: www.athomecompany.ca
Email Community: https://athomeco.myflodesk.com/podcast
Contact: hello@athomecompany.ca
Thank you to our Sponsors:
• Amanda Walczyk, Mortgage Agent | Level 2 license at Dominion Lending Centres National Ltd, FSRA #12360
Instagram: https://www.instagram.com/saltboxmortgage_agent
Contact: Amanda@saltboxmortgages.com
519.497.9256
• Den1880
Website: https://www.den1880.co
Instagram: https://www.instagram.com/den1880.co
