Our best rates

UPDATED:

3 years fixed rate, Unpublished Promo, APR 2.89% as of Apr 24,2012,OAC2.89% 5 years fixed rate, Unpublished Promo, APR 3.19% as of Apr 27,2012, OAC, Must close before May 30,2012. Some conditions may apply, Call for details3.19%
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May 17, 2012

Mortgage Renewal Strategy

Clients often send us mortgage renewal letters.  It’s interesting how banks try to sell really high rates in these letters – they actually hope someone will buy them.In one case, the bank offered the client a 5-year fixed rate of … Continue reading →


May 16, 2012

Eurozone debt crisis threatens Canadian economy

According to Finance Minister Jim Flaherty, the eurozone is almost at a turning point at the moment. Nevertheless, there’s still a chance for Greece to avoid a failure. Otherwise, the consequences will affect not only the Canadian banking sector, but … Continue reading →


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Home Mortgage Financing

If you are looking at financing for your home mortgage in Toronto, there are many choices that you can make when it comes to choosing where you can get your mortgage from. When you have decided that you will go with at least 15% to 20% down, then you will need to find where you will go and which lender you will deal with when it comes to home mortgage financing. From banks to mortgage brokers, both institutions will be able to offer you with the financing needed for a home mortgage, it just depends where you are want to go. Going with one of the major banks in Canada, will be time consuming, as you will need to go to each bank individually in order to find out the mortgage rate offered for your home mortgage financing.

Not only is this time consuming, it may not be the best option that you will find when shopping around for your mortgage rates. A second option is to go with a mortgage broker that will be able to provide you with multiple home mortgage financing rates from the major banks, virtual lenders and other institutions that lend money for home mortgage financing. With a mortgage broker, you do not have to go to all the banks, they come to you and you get the personalized service of getting all the best rates for you pertaining to your credit and all your situations. If you are living in Toronto and are looking for home mortgage financing, there is one mortgage broker in Toronto that will be able to offer you with this service, Northwood Mortgage with mortgage brokers, Michael Tulchenetskiy & Denys Derzhavets.

We offer great competitive mortgage against any lender in Toronto, and that includes the major banks when it comes to home mortgage financing. We are conveniently located in Toronto, however, we are services throughout the GTA, including Mississauga, Brampton, Vaughan, Woodbridge, Richmond Hill, Thornhill, Markham and North York. Our home mortgage rates vary and we provide you with many different options from variable home mortgage financing to fixed mortgages. Then there is the difference in the amount of years you are looking to choose from 1 year, 3 years, 5 years and 10 years. We have all that you are looking for regarding options for your home mortgage financing from Northwood Mortgages.

If in Toronto and you are looking to purchase a new home, either a condo, townhouse or a detached home, you will need to set yourself up with a home mortgage and we will be able to set you up with home mortgage financing. Let the experts at Northwood Mortgages and the mortgage brokers, Michael Tulchenetskiy & Denys Derzhavets provide you with answers to your question and get you with the best rate for your home mortgage financing.