Name | Value |
---|---|
Product Name | Residential Mortgage |
Category Type | Compare Mortgages |
Terms and interest rate | 6 months to 7 years, closed and variable rate options View rates |
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 amoutn 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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