- Highly Competitive Rate -
ING Prime for the full 5 year term
- Interest rate and payments are set every 3 months from IAD date.
- Must qualify using Bank of Canada's 5-Year benchmark rate for high ratio mortgages
- Flexible Terms
- Convertible at no cost to a fixed term equal to or great than three years or more (regardless of the remaining term on the
original mortgage), at our already low posted rates.
|
- 5-year term
- Conventional Financing available up to 80% Loan-to-Value
- High-Ratio financing available up to 95% Loan-to-Value
- 5 year fixed commission payable
- Monthly, semi-monthly, weekly, bi-weekly, accelerated weekly and accelerated bi-weekly payment options
- 25/25 prepayment privileges annually
- Closed term - a 3 month interest penalty for prepayments above and beyond the 25/25 prepayment privileges will apply
|
