Residential Mortgage Lending
Maximum Loan To Value
80%
Mortgage type
1st and 2nd mortgages
Term
3 – 24 months
Amortization
Interest only (for terms longer than 1 year, amortization of principal is available)
Prepayment privileges
Yes
Mortgage rate
1st mortgages: 6%-8%
2nd mortgage 10%-13%
Property location
All municipalities in Southern Ontario
Minimum credit score
No minimum credit score
Broker Fee
Competitive rates
