| Name | Value |
|---|---|
| Product Name | Rate First Residential Mortgage |
| Category Type | Compare Mortgages |
| Terms and interest rate |
5 years only, closed fixed-rate View rates |
| Max amortization | 25 years for high ratio and 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 10% of the original mortgage amount per year at any time and increase regular payments by up to 10% per year at anytime |
| Ability to skip payments | No |
| Refinance | No |
| Early renewal | Up to 120 days |
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