Please Note: Rates are only valid where subject property is located.

Toronto Mortgage Rates

Move into the housing market with our lower rates.

Over the past while, Toronto has had consistent appreciation in real estate market values, with trends showing migration from suburbs back to the core. With a multitude of investment offerings, this housing market may see changes, such as more first-time buyers or a shift to more-affordable options, such as townhouses.

Be ready for your investment—with our highly-trained mortgage brokers and our lowest possible mortgage rates in Toronto. We offer convenient locations and unified service for a streamlined process, while saving you thousands.

Rates lower from your own bank.

True North Mortgage can offer you lower mortgage rates in Toronto. Your own bank? We can deal with them for you, and pass along our volume discount to get your rate lower. We’ll even check with other banks, to make sure you have the best rate-offer possible, guaranteed.

Don’t wait—hold your rate.

Toronto mortgage rates can change quickly; depending on the lender, we can hold your rates for up to four months. Whether a home, income property or a vacation investment, our mortgage brokers can save you money and find your best mortgage solution. Visit, call or apply online today.

Visit one of our Toronto locations today

Fixed Mortgages - Closed

Term

Everyday Rate

Limited Rate

1 Year

Everyday Rate: 3.04%

30 year amortization and refinances available
15% lump sum payments allowed.
15% increase to regular payments.

Limited Rate: 2.99%

25yr Maximum Amortization
15% lump sum payments allowed.
15% increase to regular payments.

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2 Year

Everyday Rate: 3.19%

30 year amortization and refinances available
15% lump sum payments allowed.
15% increase to regular payments.
90 day hold (3.24% for 120 days)

Limited Rate: --

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3 Year

Everyday Rate: 3.44%

30 year amortization and refinances available
15% / 15%+ prepayment options.
90 day rate hold (3.49% for 120 days)

Limited Rate: 3.19%

High Ratio Only
20% / 20%+ prepayment options.
No Rentals or pre-approvals

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4 Year

Everyday Rate: 3.54%

30 year amortization and refinances available
15% lump sum payments allowed.
15% increase to regular payments.
90 day hold (120 days @ 3.59%)

Limited Rate: 3.49%

High Ratio Only
15% lump sum payments allowed.
15% increase to regular payments.

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5 Year

Everyday Rate: 3.54%

30 year amortization and refinances available
20% lump sum payments allowed
20% increase to regular payments

Limited Rate: 3.09%

High Ratio Purchase Only
20%/20% pre-payment options
Bona-fide Sales Clause
Must close within 80 days

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Hold your rate

Variable Mortgages - Closed

Term

Everyday Rate

Limited Rate

5 Year

Everyday Rate: 2.55%

Prime -1.05% (based on prime rate of 3.60%)
25 year amortization and refinances available
15% lump sum payments allowed.
15%+ increase to regular payments.
30yr amortizations at 2.65%

Limited Rate: 2.15%

Prime -1.30%
High Ratio Purchase Only
Bona fide sales clause
Must close in 40 days

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Hold your rate

Variable Mortgages - Open

Term

Everyday Rate

Limited Rate

HELOC

Everyday Rate: 3.95%

Prime +0.50%

Limited Rate: --

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Hold your rate