Interested in the details on a home loan?
Contact us today and we will be happy to answer all of your questions.
HOME LOAN DETAILS
- Simple application form and process
- 48 hours from an approved application to proceeds in bank account
- Open for partial or full prepayment with no penalty at any time
- Competitive interest rate
- Less hassle than a second mortgage
- No requirement to retain legal counsel or pay legal costs
- No appraisal required by homeowner
- Flexible Gross Debt Service (“GDS”) and Total Debt Service (“TDS”) ratios
- Self-employed borrowers accepted
- Rental/investment properties accepted
- Loan to Value (“LTV”) Ratio of up to 85%
- Minimum credit score 595
HOW CAN A HOME LOAN HELP?
- Lower your interest payments
- Improve your credit profile
- Improve your financial flexibility
- Provide emergency funding
- Provide a short-term bridge loan.
- Start / Finish a home renovation
- Pay off income tax
- Pay off secured mortgages
- Assist with a deposit for a new home
- Help family with Downpayment
HOME LOAN TERMS
Loan Amount
up to $40,000
Fixed Interest Rate
8.99%
Lending Fees
8.99%
Maximum Term
24 months
Maximum Amortization
120 months