Who Stands To Change The Industry
Our knowledge of various mortgage services and where to get them is one of the reasons why working with us will be worth it. We can give you unlimited options to ensure you choose the one that suits you the most. We also have a network of lenders that can offer you secured or unsecured loans depending on your needs and circumstances. Allow us to connect you with the right lenders so you won’t waste your time and energy. One of the factors that set us apart is our ability to consider several scenarios. We don’t just look at the possibility of you keeping up with the payments; we also consider the possibility of you failing. Through this, we can recommend lenders that won’t give you steep penalties if you default the terms.
We Will Help You Get The Best Mortgages
The changes in the legislation in Peterborough have made it more difficult for property owners to get the assistance they need for successful purchases. These changes have made property purchase accomplishments even more valuable. We will use our training and experience to help you get through the difficulties and get the best mortgage deals in the current market.
...pick the one thats right for you.
starting from
6.45%Term | Rate |
---|---|
HELOC | 6.95% (Prime rate) |
Lender | Rate | Term |
---|---|---|
Lendwise |
4.49% | 5 year |
First National Financial |
4.69% | 4 year |
RMG Mortgages |
4.59% | 3 year |
Street Capital Bank |
5.24% | 2 year |
TD Bank |
6.09% | 1 year |
Term | Rate |
---|---|
5 year variable | 5.85% (Prime - 1.05%) |
3 year variable | 6% (Prime - 0.95%) |
Term | Rate |
---|---|
Line of Credit | Starting at 7.2% |
Equity Loans | Starting at 6.5% |
Private Mortgages | Starting at 7.49% |
FAQs on Mortgages In Peterborough
In most cases, you will choose between an open payment plan and a closed one. With the former, you can always pay at your convenience. You will not be penalized even if you finish paying before the term is over.
You can make larger or smaller payments as you get the funds whenever you can. For the latter, you can also pay any amount you can, but you don’t have to finish the loan before its term.
We Can Solve Your Mortgage Refinancing Needs
Refinancing doesn’t always make sense, but if done for the right reasons, you can reap a lot of benefits. We advise our clients to refinance when the new loan will have a lower interest rate or when the loan term will be shorter. You can also refinance the mortgage if you’re using your home equity or if you have various debts that you want to consolidate. Our goal is to help you benefit from the new deal, and we do that by giving honest opinions and professional advice. Let us assess your situation and help you determine whether refinancing your mortgage is a good idea.
We Work With Homeowners
For aspiring first-time homeowners and subsequent owners, our team can help you get the best residential mortgages. These loans are usually different depending on the kind of house you want, the current domestic property market prices, and your financial status at the time of application. You can use these factors to calculate the amount of loan you will get and the type. Contact us today, and we will recommend the right solution for your situation.
Our Expertise Extends To Business Owners
If you own an industrial building, a residential apartment, a shopping complex, or any other business premises, you can use our commercial mortgage expertise. These mortgages can help you expand your business and get out of multiple debts, especially when you end up with the best lender and favorable terms. With Turkin Mortgage team in Peterborough, you will have a team that cares about your business and is willing to help you get the financial help you need to grow. We will help you get mortgage contracts that blend with your business demands.
We Differentiate The Needs Of Our Customers
Every person has different needs. Even if you want the same type of mortgage as someone else, there will be several aspects that set you apart. The differences can create a major impact on your ability to pay the mortgage and your future financial plans. Our brokers treat each case with the uniqueness and attention it deserves. We will listen to you, understand what you want, and provide solutions that work in your favor.
One of the main advantages of pre-approved mortgages is time conservation. Your focus will be on the properties you can afford only. You also get to find out your down payment and monthly rates before accepting the loan. This type of mortgage also takes a shorter time to process.
Since you’ll involve the services of an attorney, you should expect to pay legal fees. You should also prepare yourself to pay taxes involved in the transaction, property insurance fees, home inspection costs, and appraisals, as well as any adjustment fee that may have been accrued.
Every mortgage lender will require a list of your assets, lawyer’s information, and proof of down payment. You should also prepare a list of liabilities, building plans if you need a construction mortgage, and proof of income.
There are many terms we can explain to you when you work with us. Below are a few examples:
Prepayment Option: This option works on closed mortgage plans. It allows you to make some payments before the term. Some cases may have penalties, so you have to be careful.
Mortgage Term: This is the time you are given to pay back the whole loan. You can always renew it.
Home Inspection Fee: This is the assessment done on a property to ascertain that it’s structurally sound.
Property Transfer Tax: This is the tax paid when a property changes ownership.
Loan To Value Ratio: The size of the loan in comparison to the value of the property owned.
With Turkin Mortgage team in Peterborough, you will always have brokers that care about your investment as much as you do. Give us a call and discover the best mortgages in Peterborough.
…by providing award winning customer service to each and every single client.
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5 Years - Fixed Term - 1.59%
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