Five Percent Mortgages


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Is It Possible To Get 5 Percent Mortgages In Toronto?

Can I Get A Home With Only A 5% Down Payment?

Looking to get your best home or just need a low deposit mortgage? We offer a variety of Five Percent Mortgages in Toronto aimed at helping our customers.

Yes! In Canada 5% is the most minimum down payment. This lower option than the regular 20% has both its benefits and disadvantages. Depending on the situation a 5% down payment is a more suitable option for some people than others. It allows you to pay a more affordable price at the very beginning. In some cases, paying a higher percentage upfront will not even be a financial possibility.

This Kind Of Mortgage Has To Be Insured

One thing to keep in mind is that lower down payment mortgages have to be insured against the chance of default. The premium of the insurance may add substantially to the overall cost. In addition to that there are also appraisal and legal fees. Making a higher down payment means having lower costs later on.

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We Will Help You to Get 5% Down Payment Mortgage


At Turkin Mortgage we guarantee the best prices with the most minimum fees. Making a large down payment can be hard or even impossible and we understand that. We want our customers to be happy and enjoy their home so we try to make the whole process as stress free as imaginable. You don’t have to give up financial security or sacrifice dreams.


Please don’t hesitate to contact us to turn all your goals into a reality. We will meet with you to assess your financial situation, your plans for the future, and any other needs and provide consultation services that will make you confident in your decision.

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Henry Wright

Was looking for a mortgage broker in Toronto. Heard about Leon and his team from a co worker and decided to give them a call. after some time on the phone talking about mortgages and what would work best for me I was VERY impressed. They were polite and most importantly they knew what they were talking about. We then scheduled an appointment and I got my mortgage with a great rate. Definitely recommend.

Gina Carroll

Got tired of sow service and mediocre rates from my bank, so I started looking for a mortgage broker. Had some family friends recommended Leon and his team, so decided to check them out. Was very impressed with Leon, he guided me through step by step, recommended a mortgage and I ended up switching to him. My rate is better and he always answers call and emails right away.

Wilton Marble

A little while back my wife and I finally decided to stop renting and get a place of our own. After some searching we found a condo we both liked and that was in our price range. The next step was a mortgage, but honestly, neither of us knew too much of what we were getting into. We found Leon and his team after a quick search on google and have had a wonderful experience. Leon and his team of mortgage brokers are VERY knowledgable, polite, work fast and just all around very professional. They answered all our questions and we got a great rate.

Afton Jaskolski

Getting a private mortgage was not easy to be honest, but at least with Mr. Leon it was doable. Thank you for your help!

Wendy Langdon

Going through with this company was my best decision. These Burlington mortgage brokers are real professionals. They helped me to save thousands of dollars, I'm not sure I'd find such a good offer myself.

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