Peterborough County mortgage team

Looking for a mortgage broker in Peterborough?

Peterborough offers something rare in Ontario - affordable homes, a strong community, and nature at your doorstep. Whether you are buying near Trent University, renewing in the south end, or investing in a Kawartha cottage property - we shop 30+ lenders to find the best rate and terms for your situation.

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164 five-star Google reviews

164

Google reviews

5.0

Star rating

30+

Lenders

Broker fee

The Peterborough housing market

The median detached home in Peterborough is approximately $600,000 in 2026, making it one of the most affordable cities in central Ontario. The city is anchored by Trent University and Fleming College, which drive rental demand. GTA buyers have increasingly looked east to Peterborough for space and affordability. The Kawarthas region surrounding the city adds seasonal and recreational property demand.

We also serve nearby

OshawaLindsayCobourgPort HopeLakefield

Why use a mortgage broker in Peterborough?

A mortgage broker is a licensed professional who shops multiple lenders on your behalf. Instead of going to one bank and accepting their offer, a broker compares rates and terms from 30+ lenders in a single application. The lender pays the broker, so there is no cost to you.

In Peterborough, where property values and mortgage amounts are significant, even a small rate difference translates to thousands of dollars in savings over a 5-year term. A broker also negotiates terms like prepayment privileges, portability, and penalty structures that matter when your life changes.

Jeff and Emily Mudrick are licensed mortgage agents with BRX Mortgage Inc. (Lic# 13463), serving Peterborough and all of Peterborough County. With 164 five-star Google reviews and access to every major lender in Canada, they handle everything from first-time purchases to complex refinances and investment properties.

What we help with in Peterborough

Every situation is different. Here is what we see most often.

Buying a Home

First-time or experienced buyer, we walk you through the stress test, down payment options, CMHC insurance, and closing costs. Then we find the rate and lender that fits your situation.

Mortgage Renewal

Your bank sends a renewal letter and hopes you sign it without shopping around. You can switch lenders at renewal with zero penalty. We compare the full market so you know exactly what you are leaving on the table.

Refinancing

Pulling equity for renovations, consolidating debt, or restructuring your mortgage to save money. We calculate the penalty, compare the options, and make sure the numbers actually work before you commit.

Investment Properties

Rental properties have different qualification rules, down payment requirements, and rate options. We know which lenders are investor-friendly and how to structure applications to maximize your buying power.

Healthcare Professionals

Physicians, dentists, residents, and nurses have unique financial situations. Student debt, income that jumps between career stages, and offer letters instead of T4s. We work with lenders who understand all of it.

Self-Employed

Business owners, freelancers, and commission earners face tighter scrutiny from traditional lenders. We know which lenders accept business financials, stated income, or alternative documentation to get you approved.

How it works

Three steps. No paperwork surprises.

Book a free call

Tell us about your situation - buying, renewing, refinancing, or just exploring your options in Peterborough. We will ask the right questions and give you a clear picture of what is possible. No commitment, no pressure.

We shop 30+ lenders

We compare rates, terms, and qualification criteria across the entire market. We handle all the applications, paperwork, and lender communication. You get a clear recommendation with the numbers behind it.

You close with confidence

We walk you through every document before you sign. No surprises at the lawyer. Jeff and Emily send personalized video walkthroughs for every milestone, and stay available by phone or email throughout the process and beyond.

Mortgage questions in Peterborough

If your question is not here, book a call - we answer everything.

A mortgage broker in Peterborough costs $0. Brokers are paid by the lender when your mortgage closes. You receive the same or better rate than going directly to a bank. There is no fee for using a mortgage broker for any transaction in Peterborough or the Kawarthas.

The median detached home in Peterborough is approximately $600,000 in 2026. Townhomes range from $400,000 to $500,000. Peterborough is one of the most affordable cities in central Ontario and continues to attract buyers from the GTA looking for more space and a lower cost of living.

Yes. Cottage and waterfront properties in the Kawarthas sometimes require specific lender criteria, especially for seasonal-use properties, well water, or septic systems. A broker knows which of the 30+ available lenders are comfortable with recreational and rural properties.

No. On a $600,000 Peterborough home, the minimum down payment is $35,000 (5% on the first $500,000 and 10% on the remaining $100,000) with CMHC insurance. Peterborough affordability makes it one of the most accessible markets for first-time buyers in Ontario.

Peterborough has a strong rental market anchored by Trent University and Fleming College. Entry costs are lower than GTA cities, which improves cash flow. Investors need a minimum 20% down payment. The city is also seeing increased demand from remote workers relocating from Toronto, which supports long-term value.

Ready to talk?

Book a free call with Jeff or Emily. No commitment, no sales pitch - just honest answers about your Peterborough mortgage.

Book a Call

Or email us at jeff@mudrickmortgages.com

Mortgage broker in nearby cities

Oshawa

Jeff and Emily Mudrick are licensed mortgage agents with BRX Mortgage, Lic#13463.