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Jake Snowden

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  • Variable 5 Years

  • 3.1% 
  • Broker-Only
  • Listing ID: 65

Qualifying Rate: Bank of Canada 5 Year Benchmark Rate / Maximum Amortization: 25 Years / Interest Rate Premiums based on Loan-to-Value: <=65% = 0.00, 65.01 to 70% = -0.10% 70.01 to 75% = -0.30%, 75.01 to 80% = -.40%. / Additional Rate Premiums: Stated Income = 0.15%, Rentals = 0.15%, Pre-Approvals = 0.20%, Prior Bankruptcy = .50%

Basic Details

  • Listing ID65
  • Lender TypeBroker-Only
  • Term TypeVariable Rate
  • Term Length5 Years
  • Variable DiscountPrime Minus - 0.85%
  • Effective Rate3.10%

Mortgage Features

  • Annual Lump-Sum Prepayment Allowance20%
  • Annual Payment Increase Allowance20%
  • Skip-a-Payment Allowedno
  • Rate Hold120 Days
  • Charge Typestandard
  • Pre-Approval Eligibleyes
  • Promo Rateno

Qualification Details

  • Rentals Allowedno
  • Second Home Allowedyes
  • Maximum LTV80%

Restrictions

  • Port and Increaseno
  • Arm's Lengthno
  • Penalty Termsinquire
  • Minimum Mortgage Amount$50,000
  • Maximum Mortgage Amount$800,000
  • Transfer Eligibleyes
  • Refinance Eligibleno
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