Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: You can pay down up to 20% of the original principal balance per year without penalty. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 120 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. ODDS: This is the lowest attainable rate available for this lender. To help you make more insightful decisions, we present the Odds that you will get approved for this rate. Our Odds System is fairly simple. Based on a statistical analysis of James users who qualify to receive a mortgage, we determined how many of them were able to get approved for the best rate from each lender-- and based on these numbers, we can give you the odds. When the odds are higher, it is usually because the lenders rate is very popular, causing lines and delays. When this happens, they enforce stricter requirements, so the odds go up. So if you have time before you need an approval and aren't in an urgent rush; and you are confident in the strength of your credit and details, trying for a lower mortgage rate with higher odds can definitely pay off.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 35 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Pay a lump sum of up to 20% of your original mortgage amount once per calendar year. Increase the amount of your regular payments by up to 20%. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Customers can pay up to 15% of the original principal on any payment date in $100 increments. Double-up privileges, double monthly payments on any payment date without penalty. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 120 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. ODDS: This is the lowest attainable rate available for this lender. To help you make more insightful decisions, we present the Odds that you will get approved for this rate. Our Odds System is fairly simple. Based on a statistical analysis of James users who qualify to receive a mortgage, we determined how many of them were able to get approved for the best rate from each lender-- and based on these numbers, we can give you the odds. When the odds are higher, it is usually because the lenders rate is very popular, causing lines and delays. When this happens, they enforce stricter requirements, so the odds go up. So if you have time before you need an approval and aren't in an urgent rush; and you are confident in the strength of your credit and details, trying for a lower mortgage rate with higher odds can definitely pay off.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Lump sum payments up to 20% of your original balance every anniversary year. Increase payments: by up to 20% per anniversary year. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 45 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. ODDS: This is the lowest attainable rate available for this lender, but of course, it isn’t a guarantee that you will get approved at this rate - your ability to qualify is dependent on the quality of your mortgage biography (credit score, income type, etc.), the amount of time you have before you need an approval (lower rate lendors sometimes have "lines" ) and the size of your mortgage. If you are confident in your details and aren't in an urgent rush, trying for a lower mortgage rate can definitely pay off.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Option of paying down a lump sum of up to 20% of your principal each year on your anniversary. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. ODDS: This is the lowest attainable rate available for this lender. To help you make more insightful decisions, we present the Odds that you will get approved for this rate. Our Odds System is fairly simple. Based on a statistical analysis of James users who qualify to receive a mortgage, we determined how many of them were able to get approved for the best rate from each lender-- and based on these numbers, we can give you the odds. When the odds are higher, it is usually because the lenders rate is very popular, causing lines and delays. When this happens, they enforce stricter requirements, so the odds go up. So if you have time before you need an approval and aren't in an urgent rush; and you are confident in the strength of your credit and details, trying for a lower mortgage rate with higher odds can definitely pay off.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Each year you can increase your regular payments up to 20% of the current principle and interest payment. Each year you can prepay up to 20% of the original mortgage balance. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. ODDS: This is the lowest attainable rate available for this lender. To help you make more insightful decisions, we present the Odds that you will get approved for this rate. Our Odds System is fairly simple. Based on a statistical analysis of James users who qualify to receive a mortgage, we determined how many of them were able to get approved for the best rate from each lender-- and based on these numbers, we can give you the odds. When the odds are higher, it is usually because the lenders rate is very popular, causing lines and delays. When this happens, they enforce stricter requirements, so the odds go up. So if you have time before you need an approval and aren't in an urgent rush; and you are confident in the strength of your credit and details, trying for a lower mortgage rate with higher odds can definitely pay off.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Each year you can increase your regular payments up to 20% of the current principle and interest payment. Each year you can prepay up to 20% of the original mortgage balance. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Each year you can increase your regular payments up to 20% of the current principle and interest payment. Each year you can prepay up to 20% of the original mortgage balance. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 120 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. ODDS: This is the lowest attainable rate available for this lender. To help you make more insightful decisions, we present the Odds that you will get approved for this rate. Our Odds System is fairly simple. Based on a statistical analysis of James users who qualify to receive a mortgage, we determined how many of them were able to get approved for the best rate from each lender-- and based on these numbers, we can give you the odds. When the odds are higher, it is usually because the lenders rate is very popular, causing lines and delays. When this happens, they enforce stricter requirements, so the odds go up. So if you have time before you need an approval and aren't in an urgent rush; and you are confident in the strength of your credit and details, trying for a lower mortgage rate with higher odds can definitely pay off.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Up to 20% of the original principal amount, per year, without penalty. Multiple payments allowed (minimum $100). This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 120 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Each year you can increase your regular payments up to 20% of the current principle and interest payment. Each year you can prepay up to 20% of the original mortgage balance. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

2.77% Details TD Canada Trust $923 Get This Rate

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Up to 15% each year without compensation charges. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 120 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. ODDS: This is the lowest attainable rate available for this lender. To help you make more insightful decisions, we present the Odds that you will get approved for this rate. Our Odds System is fairly simple. Based on a statistical analysis of James users who qualify to receive a mortgage, we determined how many of them were able to get approved for the best rate from each lender-- and based on these numbers, we can give you the odds. When the odds are higher, it is usually because the lenders rate is very popular, causing lines and delays. When this happens, they enforce stricter requirements, so the odds go up. So if you have time before you need an approval and aren't in an urgent rush; and you are confident in the strength of your credit and details, trying for a lower mortgage rate with higher odds can definitely pay off.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Lump sum payments up to 20% of your original balance every anniversary year. Increase payments: by up to 20% per anniversary year. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Up to 20% of the original principal amount and up to 20% increase in payments. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 120 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: You can pay up to 20% of the original principal amount of your mortgage anytime during each anniversary year of your mortgage, you can also increase your principal and interest payment amount by up to 20% each anniversary year. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 120 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Prepay up to 15% of your original principal amount or increase your payments by up to 15% of the payment set for the current term each year. You can pay an extra regular mortgage payment on any of your regular payment dates during your term. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 120 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. ODDS: This is the lowest attainable rate available for this lender, and the odds that you will be able to get this low rate are certainly in your favour when compared with other low-rate lenders. Of course, your ability to qualify is dependent on the quality of your mortgage biography (credit score, income type, etc.),and the details of the mortgage you need. If you are confident in your details and want a quick turn around and high service lender, then this is an excellent choice.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Double up payments on any payment due date. 20% of original balance can be deposited with no penalty on each anniversary date. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: You can make lump-sum payments during each calendar year up to an annual maximum of 20% of the mortgage principal, and/or choose to increase remaining mortgage payments by up to 20%. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Prepayment privilege of up to 20% of the original mortgage as well as the annual option to increase the monthly payment by up to 20% without penalty. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 120 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

3.89% Details G & F Financial $1,040 Get This Rate

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Double-up payment option & 20% anniversary payment option on closed terms (based on original mortgage balance). This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Increase your payments on any payment due date by 20%. 20% of original balance can be deposited with no penalty on each anniversary date. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. To apply with HSBC you will need to go the bank direct, as they are not a James partner at this time.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Increase your payments on any payment due date by 25%. 25% of original balance can be deposited with no penalty on each anniversary date. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 120 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. To apply with Tangerine you will need to go the bank direct, as they are not a James partner at this time.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Increase your payments on any payment due date by 10%. 10% of original balance can be deposited with no penalty on each anniversary date. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly. Rate Hold: 90 days This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage.

This is the amount of time in days that a mortgage lender will guarantee a mortgage rate offer. This time period commences once you have submitted your mortgage application. Once your application is submitted, your rate is locked in even if mortgage rates in Canada increase. If mortgage rates in Canada go down during this period, the mortgage lender may have the ability to offer you a lower interest rate on your mortgage. To apply with BMO you will need to go the bank direct, as they are not a James partner at this time.

Loan Purpose: Purchase

Loan-to-Value Ratio: Up to 95% for 1 – 2 units; Up to 90% for 3 – 4 units

Down Payment: Applicant savings, RRSP withdrawal, funds borrowed against proven assets, land unencumbered, proceeds from sale of another property, non-repayable gift from immediate relative, equity grant

Number of Units: 1 – 4 units

Occupancy: At initiation, the property that secures a mortgage loan must be intended for occupancy at some point during the year by a borrower; or a relative of the borrower on a rent-free basis. Lender will confirm owner occupancy and maintain the confirmation on file.

Borrower Eligibility: Permanent residents including newcomers to Canada. Self-employed borrowers with 3rd party documentation to support their income. Non-permanent residents are limited to 1 unit owner occupied property and a maximum LTV of 90%.

General Property Requirements: The property must be suitable for, and available for, year-round occupancy. Properties that are constructed for seasonal use, or have seasonal access, are not eligible. Time-share interests, life leases and properties in rental pools are not eligible.

General Guideline for History of Managing Credit (Credit Score): LTV > 80%: Recommended minimum score of 600, LTV 60.01 – 80%: Mininimum score of 580, LTV ≤ 60%: No minimum score required, Standard variable rate mortgages (LTV 90.01% – 95%): Recommended minimum score of 610

Debt Service Guideline: Credit score: GDS/TDS: < 680: 35% / 42%, 680+: 39% / 44% - Debt service flexibilities are based on an assessment of the strength of the overall application. Satisfying the minimum credit score alone does not automatically entitle the borrower to debt service flexibilities.

Max Amortization Period: 25 years for LTV >80%; and 30 years for LTV ≤ 80% Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years.

Amortization period is the maximum length of time you can take to pay off your mortgage if you follow the standard payment schedule. This period can also be less if you would like to pay your home off faster. The longer the amortization period the lower the mortgage payments will be. Most mortgages in Canada have a standard amortization term of 25 years. Pre-payment Privileges: Increase your payments on any payment due date by 15%. 15% of original balance can be deposited with no penalty on each anniversary date. This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more quickly.

This is the percentage by which you are able to increase your monthly mortgage payments and/or make lump sum payments directly to your mortgage balance. Taking advantage of pre-payment privileges will reduce the amount owing on your mortgage, allowing you to pay less interest and pay down your mortgage more qu