Pickering is just east of Toronto in Durham Region, and is home to just over 90,000 residents. Pickering officially became a city in the year 2000, but the Township of Pickering was formed way back in 1791. Farming was the main industry in the area until after the second World War when the industrial revolution came to town. Northwood Mortgage had nothing to do with the early development of the city, but we have many clients within the city limits today. Pickering is home to the nuclear power plant, but they also have a wide range of commercial properties, including a prominent shopping mall and the Metro East Trade Centre.
Home & Commercial Mortgage Services Pickering
Northwood Mortgage is one of the major mortgage brokerages in the GTA, and loans millions of dollars toward commercial loans every single year. We also have a solid reputation for finding great mortgage rates for residential clients, and there are many Pickering residents that have been able to save on their rates because they chose Northwood Mortgage as their broker of record. Both lenders and investors in Pickering take advantage of Northwood’s proximity and to our 150-member team of professionals that works or our clients each and every day.
Mortgage Rates in Pickering
Term
Rate
Variable Rate – High Ratio Insured Special –
5.00%
1 Year fixed Insured
6.04%
2 Year insured
5.34%
3 Year Fixed Insured
4.39%
4 Year Fixed insured
4.49%
5 Year Fixed Mortgage Insured Special Closing Conditions
4.29%
7 Year 120 day rate hold Insured
5.30%
10 Year Insured 120 day Rate hold This could be your last mortgage ever!