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Mortgage Rates & Brokers in Richmond Hill

Richmond Hill is located in York Region as part of the Greater Toronto Area, with a population of roughly 185,000 people. Richmond Hill has no shortage of beautiful homes, and also has a thriving industrial area. Northwood Mortgage is one of the larger independent mortgage brokers in the GTA, and as a firm we provide mortgages to both private residents and business owners in Richmond Hill.

Home & Commercial Mortgage Services Richmond Hill

Every year, we are able to loan and refinance about half a billion dollars across the board, and a growing amount of that is happening in Richmond Hill. One of the primary differences between a mortgage broker and a conventional lender is that the broker has access to many different lenders. We have developed relationships with nearly 40 lenders, and this means we have much greater freedom when offering clients mortgage rates and deals. It also means they can often come through with a mortgage for a self-employed client or one with questionable credit, where a big bank could not. Whether you’re buying a home or a commercial property in Richmond Hill, Northwood Mortgage is a great place to start the search.

Mortgage Rates in Richmond Hill

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! 5.70%
Variable Rate Open (line of credit) 6.45%
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