NameValue
Product NameRate First Residential Mortgage
Category TypeCompare Mortgages
Terms and interest rate5 years only, closed fixed-rate
View rates
Max amortization25 years for high ratio and conventional mortgages
Rate guarantee120 days
Minimum downpaymentHigh ratio mortgages2: 5-20%
Conventional mortgages: >20%
Payment optionsChoose form monthly, semi-monthly, bi-weekly or weekly payments
Prepayment optionsPay down your mortgage faster: Make lump sum payments of up to 10% of the original mortgage amount per year at any time and incrase regular payments by up to 10% per year at anytime
Ability to skip paymentsNo
RefinanceNo
Early renewalUp to 120 days

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