| Term | Bank Rate | Our Rate |
| 1 Year | 6.09 % | 5.19 % |
| 2 Year | 5.79 % | 5.19 % |
| 3 Year | 5.78 % | 4.89 % |
| 4 Year | 6.09 % | 4.64 % |
| 5 Year | 6.34 % | 4.59 % |
| 7 Year | 6.60 % | 5.59 % |
| 10 Year | 6.85 % | 5.29 % |
I frequently take calls from clients confused why the bank is asking for so much paperwork. You have to realize, they are lending you like hundreds of thousands of dollars, and have to do their due diligence to make sure you qualify, and that nothing is amiss. There is a LOT of fraud out there,
HELPFUL TIPS ON SPEEDING UP A MORTGAGE APPROVAL Find all your tax info for the last 2 years (just in case we need to use overtime income, part time income etc or if you’re self employed. Ensure your cheques (used for the pre-authorized withdrawals and account ownership confirmations) are pre printed and not blank
