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Five Percent Mortgages Toronto

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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 Toronto Mortgage Brokerage 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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Sean Hammond

I had to port a mortgage to a new condo, Leon had excellent knowledge to get me through the approval process. When the bank made an error, Leon was quick to contact them to make sure everything was done right and on time. He is very professional and courteous and I recommend his service to anyone who wishes to apply for a mortgage.

Ronald McDonald

Giving them 5/5 stars. Massoud helped me with my mortgage and he never missed a beat. He made the process very straightforward as a first time home buyer. Shopped around for other mortgages but he was always the first to get things for me. Highly recommend him

Shannon Jones

I was looking to renew my mortgage and my previous lender was less than willing to do anything to keep my business. So I started to look for another brokerage to do business with and Certified Mortgage Broker stood out purely based on my interactions with Massoud. Massoud was professional and clearly had a keen sense of customer service; which I make a high priority when doing business with anyone since I'm in the customer service business myself. Peter rolled out the red carpet for me, walked me through my options, inquired about my plans with my current property, give me opinions and facts about rentals in the area, sales/purchases. In some respects he gave me more information about real estate than my real estate agent has!

Glen Plummer

Selling and buying a home is a stressful experience and Leon with CMB in North York took all of the stress out of arranging the financing. He was very professional and clear about what I needed to provide to him. He used this information to arrange the best mortgage option on our new home, arranged the bridge loan to cover the closing period differential, and arranged closing out the mortgage with the previous lender.. Our experience with Leon is far better than the local in-person brokers that we contacted previously and Leon has helped us with a mortgage renewal in the past with the same excellent experience.

Colleen Power

Leon returned my called from a missed call within 15 minutes of my call and I left no message. Leon and his team were fantastic. Even with the money issues we had Leon made me feel important and valued as a person.

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