35 Year Amortization Program

35-year amortizations are now available on some insured loans! This allows for greater access to home ownership in the Canadian marketplace through lower monthly payments. This extended amortization option is offered through most lender insurers and some of our lender partners. Extended amortizations are offered at a premium, and may be slightly more restrictive on a qualification basis.

Accept loan purpose

• Purchase transactions
• Refinance for repayment of existing financing debt consolidation, renovation & asset enhancement
  • Up to 90% LTV; equity takeout limited to $200,000
  • 90.01-95% LTV; equity removal is limited to $150,000
  • Where the loan purpose is to consolidate existing first and second mortgages, the maximum LTV will apply