1.85% Variable (Prime - 0.40%)

Overview:

*  Canada's lowest variable rate (as far as we know!)
*  From the country's most reputable lenders
*  20% lump-sum pre-payment options
*  Optionally increase payments up to 20%
*  Lock into a fully discounted fixed rate at any time without cost
*  Up to 95% loan-to-value (LTV) on purchases; 90% on refinances
*  Available readvanceable line of credit (80% LTV max.) for 0.10% more

Main Qualifications:

*  Two years of established credit with a 680 minimum score
*  No credit delinquencies in last 24 months
*  $150,000 minimum mortgage
*  40% maximum total debt service (TDS) ratio
*  10-year minimum amortization
*  No prior bankruptcies, consumer proposals, or collections
*  One year minimum full-time steady employment

Other Details:

*  The lender may end this promotion at any time without notice.
*  This is a marketing research promotion. Therefore, customers must
    reference this promotion in their application.
*  Subject to approved credit and appraisal
*  Closing must occur within 30 days of applying--sorry, no exceptions.
*  Purchases and refis only. No pre-approvals or switches.
*  Not available in some provinces (such as QC, SK, NS).
*  New applications only.
*  For owner occupied primary residences. N/A on rental properties.
*  Other terms and conditions may apply.