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Honesty Please provide all important details to us. To process any credit application we will need to review your history. Lenders may understand negative items, but will surely reject an application with wrong information. Full disclosure is the best policy. Loyalty We work hard to assist you and strive to offer a high level of personal service. If you find a more competitive rate elsewhere, please let us know. Simply backing away following lender negotiations may jepoardize our relationships for the next client. Please maintain your integrity, loyalty and confidence in our service!

Bad Credit Mortgages in Peterborough

About Peterborough

Peterborough is a city on the Otonabee River in Central Ontario, Canada, 125 kilometres (78 mi) northeast of Toronto and about 270 kilometers (167 mi) southwest of Ottawa. According to the 2016 Census, the population of the City of Peterborough was 81,032. The population of the Peterborough Census Metropolitan Area (CMA), which includes the surrounding Townships of Selwyn, Cavan Monaghan, Otonabee-South Monaghan, and Douro-Dummer, was 121,721 in 2016. In 2016, Peterborough ranked No. 32 among the country’s 35 census metropolitan areas according to the CMA in Canada. Significant growth is expected starting in late 2019 when the Ontario Highway 407 extension is completed, connecting it to Highway 115/35 south of Peterborough. The current mayor of Peterborough is Diane Therrien.

Peterborough is known as the gateway to the Kawarthas, “cottage country”, a large recreational region of the province. It is named in honour of Peter Robinson, an early Canadian politician who oversaw the first major immigration to the area. The city is the seat of Peterborough County.

Peterborough’s nickname in the distant past was “The Electric City” as it was the first town in Canada to use electric streetlights. It also underscores the historical and present-day importance of technology and manufacturing as an economic base of the city, which has operations from large multi-national companies such as Siemens, Rolls-Royce Limited, and General Electric, and more local technology businesses such as Dynacast and Bryston. Electricity was one of the reasons Quaker Oats moved to the city, and as part of PepsiCo, remains a major fixture in the downtown area. However, over the years the number of major manufacturing plants has declined, and General Electric closed its last remaining facility in 2018. As a result, employment has been shifting toward the service industries and tourism is now the leading industry in the area.

Peterborough is among the best places to retire in Ontario, according to some studies. Mayor Bennett made this comment in 2017: “We were noted as being one of the best cities in the country as being age friendly and we continue to build on that structure as we move along.” He listed cultural activities and affordable living as some of the factors that attract seniors. In 2017, the city was also among the best places to invest in Canada according to Comfort Life magazine.

Low Interest Rate Mortgages

Even if you are a discharged bankrupt, it does not mean that a low rate mortgage is not available to you. The broker will give you more information. We hope will be happy with the service you receive from the mortgage broker. You are under no obligation at any time to go ahead with the advice you receive. A remortgage is a way to pay off your current mortgage lender. Any extra finance raised can go towards paying off high interest finance, such as credit cards.

Mortgages for Next Time Buyers in Peterborough

Reliable mortgage broker can help you work out the payments on a low cost mortgage in Peterborough . The mortgage broker does not just cater for employees. They may be able to help if you are self employed or not working.

You have various options available to you. For example, to swap to a fixed interest mortgage or a flexible mortgage. If you remortgage (change your mortgage lender), your new mortgage may come with a product fee and it may also have different features than your current mortgage. Please ask the broker for full details about the total costs you may have to pay. Your home may be repossessed if you do not keep up repayments on your mortgage.

We take your enquiry and pass it on to the mortgage broker that will best handle your own individual circumstances. The mortgage broker will find the most suitable lender for your specific requirements and get back to you with the mortgage that suits your needs. Note that your current lender may charge fees when you leave. Also, legal fees may apply depending on your circumstances.