Services & Protections : Mortgages
The mortgage products
| Quick disbursement 30 days - 3.89% | |
|---|---|
| Term: | 5 years |
| Amortization: | Up to 35 years |
| Evaluation fees: | Paid up to $300 |
| Conditions: | 1 to 4 units, owner occupied and mortgage will have to be disbursed within 30 days of the mortgage approval. |
| Note: | This promotion could be cancelled at any time. |
| 9 MONTH FREE mortgage (25 year redemption) | |
|---|---|
| Term: | 7 years/ posted rate |
| Amortization: | 25 years + |
| Evaluation fees: | Paid up to $300 |
| Maximum rebate: | $25,000 |
| Conditions: | 1 to 4 units, owner occupant; mortgage of $100,00 and more |
| Procedure: | Cash remittance equivalent to 9 months of payments (principal and interest) when mortgage loan disbursed* |
| 9 MONTH FREE mortgage (30 year redemption) | |
|---|---|
| Term: | 7 years/ posted rate |
| Amortization: | 30 years + |
| Evaluation fees: | Paid up to $300 |
| Maximum rebate: | $35,000 |
| Conditions: | 1 to 4 units, owner occupant; mortgage of $100,00 and more |
| Procedure: | Cash remittance equivalent to 9 months of payments (principal and interest) when mortgage loan disbursed* |
| 1.5% rebate and remise de 1.5% discount | |
|---|---|
| Term: | 5 years / "5-in-1" loan |
| Rates : |
First year of term: 1-year rate with 1.5% rate discount + 1.5% cashback Years 2 to 5 of term: 1-year rate with 0.50% rate discount |
| Amortization: | Maximum 25 years for a conventional loan and 35 years for a insured loan |
| Contest 1 : | Enter the "Win 1.5% More!" contest for a chance to win up to 1.5% more cashback in BONIDOLLARS - One winner in each caisse! |
| Option : | It is always possible to convert the loan, without penalty, into a regular fixed-rate loan for the remainder of the term (or longer) with a 0.75% rate discount |
| Evaluation fees: | Covered up to $300 |
| Cashback: | No maximum |
| Conditions: |
8 or fewer rental units, owner-occupied Financing of $125,000 and over |
| 1 Effective: April 1 to September 30, 2010. | |
Notice: these are four sample loans that we have negotiated for you. A mortgage representative will be pleased to inform you about the other types of loans available from their institution suitable to your situation.
*A cheque totalling 9 months of payment is remitted to the buyer, which he can use as he pleases to renovate or cover his first 9 months of mortgage payments.
Promotion valid until June 30th, 2010