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
1st less than 50% 4.75% 1.25%
1st 50% to 65% 5.75% 1.75%
2nd less than 60% 6.75% 1.75%

Major Urban Centers (Ontario)
** Must close by March 31st
** +.50% for rentals

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