| Term | Bank Rate | Our Rate |
| 1 Year | 5.84 % | 4.44 % |
| 2 Year | 5.14 % | 4.39 % |
| 3 Year | 6.05 % | 3.84 % |
| 4 Year | 5.99 % | 3.99 % |
| 5 Year | 6.09 % | 3.94% |
| 7 Year | 6.40 % | 5.04 % |
| 10 Year | 6.80 % | 5.09 % |
Generally speaking real estate buyers will include a condition “subject to financing” when buying a home. Once the significant lender conditions have been met (such as confirmation of your ongoing employment, income and your down payment) I will provide you with the lenders mortgage commitment and a letter confirmation of the approved mortgage financing. You
I have received a few calls from my mortgage clients who are out there looking for their ideal home. They have found a home that will require renovations to bring it up to the standard they want. They want to know what their options are? There is an insured mortgage option called “Purchase Plus Improvements”.
