True North Mortgage Announces Record Making Low 5-Year Rate of 2.99%

Alberta and BC mortgage shoppers can enjoy this Canadian low rate only through TNM.

CALGARY, June 14, 2012 /CNW/ - True North Mortgage, 2011's Canadian Mortgage Brokerage of the Year continues its winning ways by becoming the first Canadian mortgage broker to break the 3% threshold for 5-year fixed rate mortgages. 

"Once again, we are applying our customer-first approach.  We want our customers to enjoy the lowest rates possible.  We have built our business on that model and today we are offering an all time low rate of 2.99% on a 5-year fixed mortgage," said True North Mortgage Chief Executive Officer, Dan Eisner.  "This is a full featured mortgage with solid prepayment privileges.  It is available to our clients in Alberta and British Colombia.  We expect that first time buyers and those perhaps looking to lock in at a low rate will come to True North, not just because we have the lowest rates but because we put our customers first,"

Eisner pointed out True North Mortgage acts and thinks differently than most traditional mortgage brokers. "We hire mortgage specialists who are salaried and full-time, which guarantees consistent advice and uniform service.  As well, we offer an interactive website and toll-free phone numbers for additional access."

True North Mortgage was named Canada's Mortgage Brokerage of the Year with less than 25 employees at the 2011 Canada Mortgage Awards (http://www.mortgagebrokernews.ca/news/breaking-news/winners-announced-at-2011-canadian-mortgage-awards/106638).  As well, True North Mortgage has been recognized as one of the largest independent mortgage brokers in Canada by Canadian Mortgage Professional Magazine and made Profit Magazine's 2012 list as one of the top 200 fastest growing companies in Canada.

Addresses for True North Mortgage Locations in Canada:
Montreal - 4 Place Ville-Marie, underground tunnel
Vancouver - Royal Centre, 1055 West Georgia Street, lower level
Halifax - Purdy's Wharf, 1949 Upper Water Street
Toronto - 145 King Street West, pathway level and 200 Wellington W, pathway level.
Calgary - Energy Plaza, 311-6th Avenue SW at Plus 15 and Gulf Canada Square, 401- 9th Avenue at Plus 15

About True North Mortgage:
True North Mortgage opened its first location in 2006. Headquartered in Calgary, Alberta, True North Mortgage provides residential mortgages for good credit home buyers, coast to coast in Canada. True North Mortgage works closely with both large public banks and private Trust companies in Canada to provide clients with a low-cost financing package tailored to fit their needs. In 2011, True North Mortgage provided $415 million in mortgages.
More information can be found at: www.truenorthmortgage.ca or follow Dan Eisner on Twitter: @TrueNorthMtg

Image with caption: "True North Mortgage is clearly leading the pack in the 5 year fixed market. (CNW Group/True North Mortgage Inc.)". Image available at: http://photos.newswire.ca/images/download/20120614_C9122_PHOTO_EN_15167.jpg

SOURCE True North Mortgage Inc.

For further information:

Dan Eisner 
CEO, True North Mortgage 
403-452-8245 or 1-877-884-8245 
dan@truenorthmortgage.ca

Profil de l'entreprise

True North Mortgage Inc.

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