Turkin Mortgage
1-Year Fixed4.19%
2-Year Fixed3.89%
3-Year Fixed3.89%
4-Year Fixed4.09%
5-Year Fixed3.99%
5-Year Variable3.45%(Prime - 1.05%)
3-Year Variable3.55%(Prime - 0.9%)
HELOC4.45%(Prime Rate)
Private Mortgages5.49%
Reverse Mortgages4.99%
1-Year Fixed4.19%
2-Year Fixed3.89%
3-Year Fixed3.89%
4-Year Fixed4.09%
5-Year Fixed3.99%
5-Year Variable3.45%(Prime - 1.05%)
3-Year Variable3.55%(Prime - 0.9%)
HELOC4.45%(Prime Rate)
Private Mortgages5.49%
Reverse Mortgages4.99%
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That Renewal Letter From Your Bank? It's Not Their Best Rate.

Toronto's Top-Rated Mortgage Broker Gets You a Better Renewal Rate — Before You Sign Anything.

Leon Turkin and his team have helped 2,100+ Ontario homeowners stop auto-renewing at their bank's posted rate — saving an average of $11,400 over 5 years by comparing 50+ lenders before the renewal deadline.

  • ✓No credit check
  • ✓Same-day approvals
  • ✓171 five-star Google reviews
  • ✓$4,100 cash back
Leon Turkin and the Turkin Mortgage team

As featured at

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4.9/5from 171 Google Reviews
FSRA LicensedBrokerage #13501
50+Lender Partners
48 HoursPre-Approved

Your Bank Sent You a Renewal Letter. They're Counting on You Not to Read It Too Closely.

Renewing your mortgage is the single biggest financial decision most homeowners make every 5 years – and most people spend less time on it than choosing a phone plan. Your bank knows this. That renewal offer arrived in an envelope designed to feel routine, official, and final. It is none of those things. It is their opening bid, sent to customers who statistically sign and return without a single call to another lender. Renewing your mortgage is the single biggest financial decision most homeowners make every 5 years – and most people spend less time on it than choosing a phone plan. Your bank knows this. That renewal offer arrived in an envelope designed to feel routine, official, and final. It is none of those things. It is their opening bid, sent to customers who statistically sign and return without a single call to another lender. 

“I just signed what my bank sent me. Found out later my neighbour got 0.9% lower at the same bank. Cost me thousands.”
— Ontario homeowner, r/PersonalFinanceCanada
“Called to negotiate my renewal and they dropped the rate immediately. Made me wonder why they didn't offer that first.”
— Ontario homeowner, r/PersonalFinanceCanada

$11,400 more in interest

That's the average extra cost, over 5 years, of accepting your bank's first renewal offer instead of comparing 50+ lenders.

We Don't Work for Banks. We Work for You.

One broker. 50+ lenders. The best rate for your situation — not theirs.

Turkin Mortgage brokers working for clients, not banks

Unlike your bank, we don’t have a renewal quota or a posted rate sheet to defend. We represent you. Leon Turkin and his team compare Canadian mortgage renewal rates across 50+ banks, credit unions, monoline lenders, and alternative lenders – and we start the process up to 4 months before your renewal date so you’re never pressured to sign on the bank’s timeline.

100% Commission Transparency

We disclose exactly how we get paid – before you sign anything. If a 3-year term saves you more than a 5-year term given where rates are heading, that's what we'll recommend – even though we earn less on the shorter renewal.

Why 2,100+ Ontario Families Choose Us:

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Rate-Beat Guarantee

We compare 50+ lenders. If your bank's renewal offer beats every alternative on identical terms, we'll tell you to stay - and you pay us nothing.

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Pre-Approved in 48 Hours

Not weeks of back-and-forth while your renewal deadline closes in. Your renewal comparison is assessed, lenders are shopped, and your best options land in your inbox within 48 hours.

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120-Day Rate Hold

Start up to 4 months before your renewal date. Lock in today's rate, shop without pressure, and if rates drop before closing we renegotiate down. You're fully protected either way.

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$4,100 Cash Back on Closing

Qualifying renewals receive $4,100 cash back — or a free iPad.

Lender logoLender logoLender logoLender logoLender logoLender logoLender logoLender logoLender logoLender logoLender logoLender logo

Your Better Renewal in 3 Simple Steps

No jargon. No pressure. Just a better rate before you sign.

Step 1

Tell Us Your Renewal Date

Fill out our secure form or call Leon directly at 647-938-8808. We'll ask about your renewal date, current rate, remaining balance, and what your bank sent you. No credit check at this stage. No commitment required.

Takes 2 minutes

Step 2

We Shop 50+ Lenders to Find You the Best Renewal Deal

Leon and his team compare your bank's renewal terms against 50+ lenders — banks, credit unions, monolines, and alternative lenders. We find every option that saves you money on identical terms so the comparison is always apples to apples.

Answer within 48 hours

Step 3

You Choose. We Handle the Switch.

We present your top 2–3 renewal options with exact monthly payment and total interest comparisons over the full term. You decide. We manage all paperwork and lender coordination — switching at renewal requires no lawyer.

No penalty to switch

✓ Takes 2 minutes. Zero obligation. No penalty to switch.

Whether It's Your First Renewal or Your Fifth — We'll Find You a Better Rate.

Specialized renewal strategies built for every homeowner situation in the Toronto market.

Standard Renewal

Your bank's renewal offer is sitting on your counter and the deadline is circled. You still have time – and this is the most valuable window in your entire mortgage cycle. We compare 50+ lenders against that number before you put pen to paper.

Renewal + Refinance

Your renewal is coming up and you also want to access equity for renovations, debt consolidation, or investment. Renewal is the ideal moment to restructure – no break penalty, fresh terms, and your equity can start working for you from day one of the new term.

Self-Employed Renewals

Your income looks different on paper than it does in practice – and your bank is using that against you at renewal. We work with lenders who understand retained earnings, business draws, and non-T4 income structures for renewal applications.

Renewing with Challenged Credit

Your credit profile has changed since your original mortgage – past-due accounts, a consumer proposal, or a judgment. Your bank may use this to justify a worse renewal rate. We find lenders who price your file on the full picture, not just the score.

Investment Property Renewal

Rental property renewals carry different pricing – and banks often apply investor premiums at renewal that aren't justified by the actual file risk. We compare investor-specific renewal programs across lenders who specialize in income property portfolios.

Early Renewal Strategy

Your term doesn't end for 12–24 months but rates are shifting. Sometimes breaking early and absorbing a penalty saves significantly more over the remaining term. We run the exact math – break cost versus interest savings – so you make the decision with real numbers, not guesswork.

✓ Free. Instant. No credit check.

How Much Is Your Bank's Renewal Offer Actually Costing You?

Compare Turkin-negotiated renewal rates against typical Big 5 renewal offers — on the same mortgage balance.

Mortgage ProductTurkin Rate vs. Bank AverageThe Savings Impact
1-Year Fixed4.19% vs. ~5.49%Save ~$3,250/year on $500K
2-Year Fixed3.89% vs. ~5.39%Save ~$7,500 over 2 years on $500K
3-Year Fixed3.89% vs. ~5.29%Save ~$11,250 over 3 years on $500K
4-Year Fixed4.09% vs. ~5.24%Save ~$11,500 over 4 years on $500K
5-Year Fixed3.99% vs. ~5.24%Save ~$15,000 over 5 years on $500K
5-Year Variable3.45% (Prime - 1.05%) vs. ~5.10%Save ~$8,250 over 5 years on $500K
3-Year Variable3.55% (Prime - 0.9%) vs. ~5.15%Save ~$12,000 over 3 years on $500K
HELOC4.45% (Prime Rate)Flexible access to home equity
Private Mortgages5.49%Solutions for complex or non-conforming files
Reverse Mortgages4.99%Unlock equity without monthly payments

Rates shown are for illustration and are subject to change without notice. Savings are estimated over a 5-year term on a $500,000 mortgage and depend on your credit profile, property, income and lender approval. O.A.C. Turkin Mortgage, FSRA Licensed Brokerage #13501.

✓ Free. Instant. No credit check.

Cash back offer when you close your mortgage with Turkin Mortgage
CLOSING BONUS

$4100 Cash Back or Free iPad When You Close With Us!

*Certain conditions may apply, ask a Turkin Mortgage Agent for more details.

Our Team of Dedicated Mortgage Professionals!

At Turkin Mortgage, we take pride in making mortgage renewal the easiest financial win of the year for our clients. Here's what you can expect from our team:

Personalized Service

We compare your specific renewal situation - balance, rate, term preference, and financial goals - against the full market before recommending a single lender.

Expert Guidance

Our team has navigated thousands of renewal files and knows exactly which lenders offer genuine rate competitiveness versus headline rates with buried conditions.

Trust and Integrity

If your bank's renewal offer is genuinely the most competitive option, we'll tell you to sign it. Honest advice over every renewal cycle is why our clients send us their friends and family.

The Turkin Mortgage team of licensed mortgage professionals

Turkin Mortgage

171 Google reviews

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Saraa alknakri

3 months ago

We highly recommend Basma! This is the second time we've worked with her, and once again she provided outstanding service. She was patient, …

Oliver

6 months ago

Turkin mortgage helped with refinance and it felt much less confusing than expected. The steps was clear, and the paperwork part got explain…

Rachel MacDonald

8 months ago

I highly recommend working with Leon Turkin! He made us feel confident going into the housing market and was always quick to answer question…

Kayla Hadden

8 months ago

I honestly can't recommend Leon highly enough - if I could give him more than 5 stars I would. His communication is second to none. No quest…

Arthur IAKOUBOV

10 months ago

I had an amazing experience with Turkin Mortgage! They got me a great rate, and the whole process was fast, easy, and stress-free. I truly f…

✓We take on a limited number of new clients each month.

A Better Renewal Rate Starts With a Free Comparison.

Every renewal you sign without comparing is a rate you'll live with for the next 2, 3, or 5 years. The comparison is free. The conversation is free. Switching costs nothing when renewing your mortgage. The only thing standing between you and a better rate is 2 minutes.

  • ✓No credit check required
  • ✓Same day approvals
  • ✓171 five-star Google reviews
  • ✓$4,100 cash back on qualifying closings

Our Rate-Beat Guarantee

If we can't find you a better renewal rate than your bank's offer on identical mortgage terms, we'll tell you upfront – and you owe us nothing. No fees. No obligation. No credit check to start.

We earn our commission from the lender, not from you. If your bank's offer is genuinely the best in the market, we'll shake your hand and tell you to sign it. That's a promise we make to every renewal client – and it's why they come back every term.

Don't know where to start?

Call Now: 647-938-8808