Loan Programs for Canadians

Full Documentation Loan (showing Income Tax Assessments for Income verification)

Eligable for purchase of  a second home

Requires a 25% Down Payment

6.625% interest rate for a 30 Year Fixed Term

No Early Payoff Penalty

 

Stated Income Loan (no income verification required)

Requires a 30% Down Payment

7% interest rate for a 30 Year Fixed Term

No Early Payoff Penalty

Home Equity Loan

Requires a 20% Down Payment

5% interest rate

Rate is variable and based upon Prime Rate