To build a stronger partnership and to better serve your clients’ lending needs, we fully disclose all our rates and terms for each province.
1ST MORTGAGE SPECIAL IN URBAN AREAS
| LTV | Rate | Fee | Rate | Fee |
|---|---|---|---|---|
| Less than 50% | 4.99% | 1.5% | 5.49% | 1.25% |
| 50% to 60% | 5.49% | 1.5% | 5.99% | 1.25% |
Minimum $2,750 fee applies.
Important Notes & Conditions:
- Renewals: 1% fee with a minimum $350 and a maximum of $1500
- Open period on fixed terms: All fixed terms have a 30-day open period before maturity
- Penalties: 3-months interest
- Partial Interest (min 50% ownership): We will do partial interest mortgages in BC
- Deal size: Min $25,000
- 2nd behind CHIP: Up to 65% in major urban areas