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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



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