Prime "A" interest rates effective January 22, 2011
Note: "A" Mortgages means normal bank qualifications for Hi-ratio or Conventional mortgages on residential owner occupied homes..
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1 Year
2 Year
3 Year
4 Year
5 Year*
7 Year
10 Year
Variable Mortgage**
Prime Rate
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2.99%
3.00%
2.89%
2.99%
3.29%
3.79%
3.89%
3.00%
3.00%
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* on qualified deals, closing within 45 days.
**VARIABLE RATE MORTGAGE AVAILABLE AT PRIME MINUS -.50% for a term of 5 years.
RATE SPECIAL: 4 YEARS $2.99% (LIMITED TIME)
ZERO DOWN...5 YEARS 5.19% (NO DOWNPAYMENT PURCHASES...MINIMUM 640 CREDIT SCORE)
Cash back available at 5.19% OAC Must show proof of closing costs from own funds
Note: Variable Rate Mortgage is convertible at any time to the full discounted rate of up to 3.19% below posted fixed rates.
Call to pre-qualify and get up to 120 DAY RATE GUARANTEE
All rates are subject to change without notice
"A" mortgages are:
Portable and Assumable
15% to 20% prepayment privileges.
Double-Up privilege
No fee to qualified applicants
Nationally recognized Lending Institutions
ASK ABOUT OUR QUICK CLOSE PROMOTIONS!!
Un-qualified "B" mortgages available at rates from 3.79%
Second Mortgages available for purchase or refinance up to 90% of the value of residential property
Contact Bob Widdicombe or Kalee McTaggart for full details AT 905-309-9743
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