Current Bank of Canada 5 yr qualifying rate is sitting at 5.19%,
and Prime at 1.0% (Lender Prime 3.00%).
Best 3 year closed rate (90 day hold) – – – 2.89% – Recommended Pick
Best 4 year closed rate (120 day hold) – – – 2.99%
Best 5 year closed rate (90 Day hold) – – – 3.29%
Best 5 year closed rate (120 day rate hold) – – – 3.39%
(Standard Qualifying)
5 Year Extended Rate Hold Products:
Builders 5 Year Fixed (6month) – 3.49%
Builders 5 year Fixed (9 Month) – 4.14%
Builders 5 Year Fixed (12 month) – 4.39%
*draw & completion mortgages available*
5 yr Convertible variable product:
Best 5 yr closed variable rate – – – Prime – 0.50 (Quick close)
3 yr Convertible variable product:
Best 3 yr closed variable rate – – – Prime -0.45 (90 day rate hold)
Also Available:
50/50 Mortgage – 50% BEST 3/5 yr Fixed rate & 50% BEST 3/5yr Variable rate (90 day rate hold) – – –
0% Downpayment still also available – – – 5.19% (OAC),
1-5% Cashback Also available!
Stated Income (Business for Self)
New to Canada/Employed Students New to Canada –
** All products OAC, subject to change and current as of
September 29, 2011; this is just a limited list of the most popular products, contact me directly for other products/information**