PRODUCT AND PRICING
- Principal and Interest Payment
Second Mortgage rate from 6.99% up to 80% Loan to value (LTV) with the principal and interest payment amortized over 30 years, 1 to 5-year term with a fee of 2.00%
First Mortgage rate from 6.49% up to 85% LTV, principal and interest payment amortized over 40 years rate, a 1-year term with a fee of 2% +/-
- Interest Only Payment
First Mortgage rate from 7.25% up to 80% LTV, a 1-year term with a fee of 2.25% +/-
Second Mortgage rate from 8.99% up to 75% LTV, a 1-year term with a fee of 2.25% +/-
- Higher Loan amount will be reviewed on per transaction basis with rates from 10.00% with a fee of 4% +/-
- MORTGAGE CAN BE PREPAID FOR THE TERM
Send your request to Ameera@cmfg.ca and copy Linda@cmfg.ca
