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Some of Our Featured Mortgage Rates

 

TERM

 

RATES

 

Variable Rate Mortgage As low as 2.20%
3 Year Closed Rate As low as 2.20%
5 Year Closed Rate Mortgage As low as 2.44%
Home Equity Line of Credit (HELOC Up To 80%) As low as Prime +.25%
10 Year Closed Term 

As low as 3.84%

Rates and terms subject to change without notice, conditions may apply.

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Want to keep up to date with rates click here!

Unsecured Loans

 

Financial News
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Sears Canada takes gamble on groceries as losses more than double

09 Dec 2016 18:17:44 -0500

TORONTO — Sears Canada, which has been struggling with store closures and sagging sales, said Friday it will venture into the grocery business in an effort to lure shoppers.

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Ottawa's Shopify tops best places to work in Canada employee survey

07 Dec 2016 12:49:52 -0500

Chalk up another win for Ottawa-based tech darling Shopify - it's now got the nod as the best place to work in Canada.Glassdoor, which bills itself as the world's most transparent jobs and recruiting marketplace, announced the winners of its ninth annual Employees' Choice Awards Wednesday.

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Wind Mobile to be renamed Freedom Mobile

21 Nov 2016 11:55:33 -0500

There's a name change for Canada's fourth-largest mobile phone company, which is now part of Shaw Communications.

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Trump claims to have saved Ford plant that was never closing

18 Nov 2016 15:35:42 -0500

U.S. President-elect Donald Trump claimed Thursday that he convinced the chairman of Ford Motor Co. not to move an assembly plant from Kentucky to Mexico. But Ford never intended to move the plant, just production of one of the vehicles it makes.

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DraftKings, FanDuel to merge

18 Nov 2016 14:09:06 -0500

Daily fantasy sports rivals DraftKings and FanDuel have agreed to merge after months of speculation and increasing regulatory scrutiny.

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New to Canada Mortgage Program

The New to Canada Mortgage allows qualified home buyers  who have immigrated to Canada from another country, or have  been transferred here by an employer, to qualify for mortgage  insurance with as little as a 5% down payment.

Quick Details of the program - good credit or no credit history is allowed  as this program allows limited Credit history.

  • Must be in Canada for less than 5 years
  • Must have at least 3 months Canadian employment, no probation
  • Must have either a working visa or permanent status (9 SIN allowed, must prove legally allowed to be in Canada)If no credit and 5% DP - alternative sources of credit required (as per high ratio insurer guidelines)
    • Working visa minimum 10% down from own sources
    • Permanent Status 5% down from own sources

Call me to find out all the program details and if you qualify for this program!

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Reverse Mortgage Specialist

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Contact Info
Agent
Phil Romano

Certified Professional Mortgage Broker M10002221

Verico House of Mortgage Experts #11972

www.philrom.com
  

905-516-1150 888-812-8292 philromano@vhme.ca
Contact Me
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