This option gives borrowers the flexibility to reset their finances during challenging times. Free your money that’s locked up in the equity on your property to help you financially:

• Open a new business

• Separation or Divorce

• Sickness / Health problems / Treatment plans

• High-interest rate renewals

• Jobless / Out of work

• Helping your kids with a down payment

• Graduation or Wedding plans

• Renovation / Home improvements

• Purchase Rental property

• Investment (stocks/crypto/bonds or GIC)

Solution:
Borrowers never make mortgage payments during the term. This gives you the opportunity and freeing up your cash flow to save, invest or address any specific financial needs. When ready you  can exist and payoff your mortgage with zero penalties.

Benefits:

• Access up to 50% LTV on primary residence

• No Monthly payments required

• No age restrictions

• Must be owner occupied property

• Terms are 100% fully open: no fees or penalties to pay it off at any time!

• Available terms: 3 or 5 years fixed

• Maximum loan up to $1.5 Million!

• Minimum 660 Credit score

• Available in BC, ON, Alberta 

*Additional strictions & qualifications may apply.

**Contact us for more information.

Frontline Community Workers automatically qualify for an exclusive Rate Discount and up to $2,000 cashback.

Frontline Community Workers:

• Teachers

• First aid

• Professors

• Principals

• Firefighter

• Paramedic

• Police Officer

• Registered Physician/Registered Nurse/Registered Practical Nurse

• Boarder correction Officer

Giving back to the community and showing support for your hard work.  If you work in any of the above industry or something similar. You automatically receive a separate discount on your mortgage rate!

*Additional strictions & qualifications may apply.

**Contact us for more information.

Purchasing property Qualifications:

• Purchase price < $1,000,000 (less than)

• Rate 3.99%

• Term 5-Year Fixed

• Down payment < 20% (less than)

• Borrower pays for insurance (normally between 1-4% of loan)

*Additional strictions & qualifications may apply.

**Contact us for more information.