Rates

Rates*

Fixed Mortgages - Closed

Term

Everyday Rate

Limited Rate

1 Year

2.89%

2.69%


  • 30 year amortization maximum.

  • 15% lump sum payments allowed.

  • 15%+ increase to regular payments.

  • Pre-approvals available.

  • Not available on rental properties.


  • 30 year amortization maximum.

  • 20%+ lump sum payments allowed.

  • 20%+ increase to regular payments.

  • No pre-approvals available.

  • Available on rental properties.

2 Year

3.10%

2.69%


  • 25 year amortization maximum.

  • 20%+ lump sum payments allowed.

  • 20%+ increase to regular payments.

  • Pre-approvals available.

  • Available on rental properties.


  • Must fund by August 31st, 2012.

  • 30 year amortization maximum.

  • 15% lump sum payments allowed.

  • 15%+ increase to regular payments.

  • No pre-approvals available.

  • Not Available on rental properties.

3 Year

2.99%

2.64%


  • 30 year amortization maximum.

  • 10% / 10%+ prepayment options.

  • Pre-approvals available.

  • Available on rental properties.

  • Must close within 60 days.


  • 30 year amortization maximum.

  • 20% lump sum payments allowed.

  • 20% increase to regular payments.

  • No pre-approvals available.

  • Not available on rental properties.

4 Year

3.09%

--


  • 25 year amortization maximum.

  • 25% lump sum payments allowed.

  • 25% increase to regular payments.

  • No pre-approvals available.

  • Available on rental properties.

5 Year

2.99%

--


  • 30 year amortization max. (Conventional Only)

  • 25% lump sum payments allowed

  • 25% increase to regular payments allowed.

  • 3.19% 120 day pre-approvals available.

  • 3.09% Available on rental properties.

7 Year

3.54%

--


  • 25 year amortization maximum.

  • 20%+ lump sum payments allowed.

  • 20%+ increase to regular payments.

  • No pre-approvals available.

  • Available on rental properties.

10 Year

3.84%

--


  • 25 year amortization maximum.

  • 20%+ lump sum payments allowed.

  • 20%+ increase to regular payments.

  • No pre-approvals available.

  • Available on rental properties.


Variable Mortgages - Closed

Term

Everyday Rate

Limited Rate

5 Year

2.75%

2.65%


  • Prime - 0.25%

  • 30 year amortization maximum.

  • 20% lump sum payments allowed.

  • 20%+ increase to regular payments.

  • Pre-approvals available.

  • Not available on rental properties.


  • Prime - 0.35%, No pre-approvals available.

  • Must close within 60 days of approval

  • Must be CMHC high ratio

  • Not available on rental properties

  • 20% / 20% prepayment options.


Variable Mortgages - Open

Term

Everyday Rate

Limited Rate

HELOC

3.65%

--


  • Prime +0.65%

  • Maximum amortization is 80%

*Rates quoted above subject to change without notice. For latest Rates, call (416) 855-5952.
Comments