NameValue
Product Name Residential Mortgage
Category TypeCompare Mortgages
Terms and interest rate 6 months to 7 years, closed and variable rate options
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Max amortization Up to 30 years1 for high ratio and 25 years for conventional mortgages
Rate guarantee 120 days
Minimum downpayment High ratio mortgages2: 5-20%
Conventional mortgages: >20%
Payment options Choose from monthly, semi-monthly, bi-weekly or weekly payments
Prepayment options Pay down your mortgage faster: Make lump sum payments of up to 20% of the original mortgage amount per year at any time and increase regular payments by up to 20% per year at anytime
Ability to skip payments Yes
Refinance Yes
Early renewal Up to 120 days

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