Excellent High Ratio 5 Year Fixed Rate
Prime - .75%
Mortgage Must Fund Within 45 days of application
Borrower Must Meet Lender Eligibility Requirements
Primary Residence Only No Rental Properties
Maximum Purchase Price $1,000,000 Downpayment Less Than 20%
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Offer subject to change without notice
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The old school method of shopping for a mortgage told us to ask about the interest rate because nothing else seemed important. The new school method of shopping for a mortgage involves knowing why one mortgage is better for you than another when the rates are comparable. Using a qualified and experienced mortgage broker is one way to ensure that you obtain highly competitive interest rates but more importantly when you commit to funding your mortgage with a specific lender you will know exactly why you choose the one you did.
Your mortgage broker wears many hats, that of a mortgage supplier, a consultant, an adviser, a mortgage manager and an educator. Bank branches can't possibly scrutinize several mortgage plans and provide neutral education to the borrower, while the mortgage broker's responsibility to you is to shop around, compare and educate. Ultimately, your mortgage broker is committed to preparing the most effective plan regardless of the supplier.