- Save time and effort by only looking at properties you can afford
- You will know upfront what down payment is needed and what the monthly repayments will be
- Sellers are more likely to give your offer serious consideration because they know you have money available
- Pre-approval is valid for 60, 90 or 120 days and carries no cost or obligation
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MORTGAGE BROKER IN MILTON
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Your Trusted Mortgage Broker In Milton
Turkin Mortgage Brokers In Milton
Do you need a mortgage but you are not sure where to start? At Turkin Mortgage we are committed to making it easy for you to secure the mortgage you need. Our mortgage broker in Milton will discuss your financial goals, search for the best mortgage provider on your behalf and help you get the best mortgage terms.
Your Trusted Mortgage Broker
We take great pride in being a reliable mortgage broker in Milton. We work with new home buyers, people in need of refinancing options and persons who have been turned down by banks. Get in touch with us today and give us a chance to earn your trust.
Our Milton Mortgage Brokers Offer The Following Services
First-time buyers
Get personalized support for first-time homebuyers in Toronto. From finding the right mortgages to understanding incentives, we're here to make your path to homeownership seamless, comfortable, and stress-free.
Mortgage Refinancing
Maximize your home's equity for renovations, investments, or education with our efficient refinancing solutions. Through careful analysis of penalties, rates, savings, and terms, we ensure you can confidently refinance, accessing up to 90% of your equity wisely.
Mortgage Renewals
Seize the opportunity to secure better rates, better terms, and a wider range of lender options. Collaborate closely with your mortgage broker three months before renewal to tailor a strategy that maximizes your financial gains.
Private Mortgage
While navigating the Canadian mortgage market can be daunting, private lenders offer a valuable alternative. Prioritizing property values over strict credit scores, they cater to diverse borrower needs, providing personalized, short-term mortgage solutions.
Second Mortgage
Considering a second mortgage, also known as a home equity loan, unlocks your property's equity for debt consolidation or strategic investments. Access up to 90% of your property's equity.
Self-Employed Mortgage
Navigating the intricate mortgage market can be daunting, particularly for self-employed individuals encountering stringent income verification processes. We recognize these unique challenges and provide personalized mortgage solutions to meet the specific needs of self-employed borrowers.
Construction Financing
Constructing your dream home requires dedication and strong financial support. With down payments typically ranging from 25-35%, meticulous financial planning is essential. Our construction financing options cater to both contractors and homeowners, featuring a 15% contingency fund to address unexpected expenses.
HELOC
In Canada's ever-changing mortgage scene, HELOC stands out as a flexible option, letting you tap into up to 65% of your home's equity with low-interest rates. It offers the freedom and relief you need.
$1000 Cash Back or Free iPad
When You Close With Us!
Your Trusted Milton Mortgage Brokers
We are committed to helping every Canadian resident get a mortgage without getting overwhelmed by the complex process. We take the complication and confusion out of the application process. We understand that it will be harder to get the best mortgage partner without the right connections. We give you access to our diverse network so that you get the right mortgage.
Our business is centred around our clients. Their needs always come first, whether they are looking for a new mortgage or negotiating the terms. You can be certain of a service that meets and exceeds your expectations. We also have many lending partners in both the private and traditional sectors. We use these connections to get you the best mortgage partner.
We do everything in our power to get you the best mortgage in Milton, hassle-free!
We are always happy to get your call!
We have your financial interests at heart!
Get rates that other mortgage brokers are unable to get you!
Mortgage Offers
...pick the one thats right for you.
Featured Mortgage Rates
construction mortgage
starting from
6.45%Heloc
| Term | Rate |
|---|---|
| HELOC | 5.95% (Prime rate) |
Fixed
| Lender | Rate | Term |
|---|---|---|
 Lendwise |
3.99% | 5 year |
 First National Financial |
4.19% | 4 year |
 RMG Mortgages |
4.09% | 3 year |
 Street Capital Bank |
4.99% | 2 year |
 TD Bank |
4.99% | 1 year |
Variable
| Term | Rate |
|---|---|
| 5 year variable | 4.95% (Prime - 1%) |
| 3 year variable | 5.1% (Prime - 0.85%) |
OTHER
| Term | Rate |
|---|---|
| Line of Credit | Starting at 7.2% |
| Equity Loans | Starting at 6.5% |
| Private Mortgages | Starting at 5.75% |
Certified Milton Mortgage Brokers
Things to Know About Your Mortgage
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What Is A Mortgage?
Mortgages are contractual agreements made between a borrower and lender, where the borrower gives a lender permission to take over their property as leverage for money lent to them. The contract gives the lender the legal right to take over your property for good if you don’t abide by the mortgage terms or if you don’t pay the capital and interest. A mortgage contract has information pertaining to the loan. The details include how long it should take you to pay back the money in full. The mortgage can be used to purchase a house or taken against the available value of your property. In the end, you pay back the principal amount (the amount borrowed) and the interest accrued over a set timeline.
This is a property loan. The property being purchased is held as the collateral against the loan. A mortgage includes an agreement between the mortgage provider and the borrower. The agreement contains the terms and conditions of the mortgage. The principal is the amount borrowed.
We Offer You Personalized Services
When you come to us, the first thing we do is sit down with you to discuss your financial goals.This enables us to understand the type of mortgage you need and the terms that will be fair for you. We then shop around for the best combination of interest rates, fees and terms & conditions. We then provide you with several mortgage options for you to pick from.
As the most recommended mortgage brokers in Milton, we have a duty of care when giving you advice on mortgages and loans. Our team is trained and licensed to provide unbiased advice.
We Make Your Closing Hassle-Free
We understand how complicated it can be to secure a loan. The commitment of our mortgage broker in Milton is to offer comprehensive services that ensure you get the best mortgage, fast and for the best deal.
We Help You Find The Best Mortgage Rates Out There
Our job as Turkin Mortgage is to simplify the process of buying a home. Our highly trained and experienced team will provide you with the expertise you need to navigate the process, understand the terms and get the best mortgage. Our large pool of lenders make it easy for you to find the best mortgage fast.
We Are Experts At Mortgage Refinancing
Mortgage refinancing is the best option when you want to consolidate your debts. The process is, however, not as straightforward. This is where we come in. Our mortgage broker in Milton will help you understand if mortgage refinancing is a good option for you or not. We will also guide you through the process so that you understand the terms of the loan, easily transfer money, debts and so much more.
We Help You Save Time And Money
To save you time and money, our mortgage broker in Milton will offer you access to several lenders and mortgage options. We will also help you pick the mortgage that is a perfect fit and get you pre-approved. Our connection with lenders helps you get the best mortgage for your circumstances. We are familiar with the changes in legislation. We use our contacts and knowledge to structure for you a loan that is specific to your needs. We are your best bet if you were recently denied a loan by banks and other conventional lenders.
Our Mission
Our mission is to offer unparalleled superiority in service delivery. We work with a team of highly-trained mortgage brokers who identify and solve all manner of problems that mortgage seekers face. We also take great pride in offering the most competitive rates in the whole of Canada. We are your best bet when you need a mortgage.
While we are the experts in the industry, we believe the only way we can meet your specific needs is by involving you throughout the process. We will never sideline you when searching for the right mortgage solution. Our team will always take the time to discuss the available options and allow you to make the final choice.
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What Mortgage Payment Choices Do I Have?
Mortgages usually have two main payment plans such as:
Open mortgage repayment plan
With this plan, you will be permitted to pay the mortgage off at any time during the term of the mortgage. The plan includes a fixed rate when the term is 6 to 12 months long or variable interest rates if the term is 3 to 5 years. Due to the flexibility this plan offers, you get to pay a higher interest rate.
Closed mortgage plan
Payments are usually made as per the agreed terms. Paying the mortgage in full early can result in penalties. The benefit of a closed mortgage plan is low-interest rates.
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What Are The Benefits Of A Pre-Approved Mortgage?
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Fixed Vs. Variable Rates
Fixed interest
Fixed interest rates remain the same throughout the term of a mortgage. The rates are much higher than variable rates but offer the borrower stability because they know how much they need to pay each month. When you have a tight budget, our mortgage broker in Milton will recommend these fixed rates.
Variable interest
Variable interest rates are linked to the prime interest rates. While they are less expensive, they are less predictable because they move up and down along the prime rate.
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How Much Do I Need For The Down Payment?
A down payment is the initial amount you pay upfront to get a mortgage. The amount you pay will depend on the value of your property. The amount can be as low as 5% of the total value. However, if you pay a down payment that is less than 20%, you will be required to buy mortgage default insurance.
The down payment is deducted from the price of the property and the balance is covered by the mortgage.
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Terms That You Should Know When Closing A Mortgage
Amortization: Length of time it takes to pay the mortgage off
Appraisal: Professional evaluation of the value of a property
Deposit: Payment made to secure a piece of property
Down payment: The amount a buyer has to pay from his own pocket for the property
Home inspection fee: Cost of inspecting the structural integrity of a property
Loan to value ratio: Size of mortgage measured against the value of property
Prepayment option: An option in a closed mortgage that enables you to make specific early payments against the principal amount
Property transfer tax: Tax due when a property is transferred to another owner
Mortgage loan insurance: Insurance a buyer has to pay when their down payment is less than 20%
Term: The timespan of a mortgage agreement. You can renew the term or find a new mortgage when it comes to term
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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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