Mortgage Program Sheet

Purpose of Funds

  • Purchases
  • Refinances
  • Equity Takeout
  • Debt Consolidation
  • Construction /
  • Development

Pricing

  • Rates starting at 9.99%
  • Fees starting at 2.5%

Mortgage Amount

  • 1st Mortgage – UP to $1.5M
  • 2nd Mortgage – UP to $750K
  • Higher amounts will be consider on a case by case basis.

Property Type

  • Single family Residential
  • Apartment condo
  • Strata Townhouse
  • Multi-Unit (up to 4-plex)
  • Cottage/Secondary property
  • Small Commercial
  • Land development / Renovation/Construction

Loan-to-Value Parameters

  • Up to 75% LTV
  • Based upon strength of file, location, marketability of the subject property. Property use may affect pricing.

Property Use

  • Owner occupied and rental
  • Rental / Investment

*Rates are subject to change, for updated rates reach out to your BDM.

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