- Highly Competitive Rate -
ING Prime + 1.00% for the full 5 year term
- Interest rate and payments are set every 3 months
- 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.
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- 5-year term only
- 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
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