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Fixed and Variable Rate Solutions

Secure lending solutions for your non-traditional borrowers

Rate sheet (download PDF) 
Download our rate sheet


Nationwide Lending Sheet


Lending guidelines
Loan purpose
  • Purchases
  • Refinances
Maximum LTV 80%
Minimum BEACON/FICO score

Fixed Rate: 500

Variable Rate: 600
  • 1, 2, and 3 year fixed rate
  • 5 year variable closed variable rate
Maximum amortization

Fixed Rate: Up to 30 years 

Variable Rate: Up to 25 years

LTV notes
  • Seconds allows to 80%
  • LTV may be reduced for higher property values
Property types
  • Single family detached, semi-detached, townhome (minimum 800 square feet)
  • Condominium or apartment (minimum 500 square feet)
  • Acreages:
    • 75% LTV on Well and Septic
    • 80% LTV on all Municipal Services 
    • LTV based on: 5 acres of land, value of the property and 1 outbuilding (personal use)
    • Maximum 10 acres
Lending areas
  • Within 100 km of a large urban population centre (communities with populations greater than 100,000)
  • Within 50 km of a medium population centre (communities with population between 30,000 and 100,000)
  • Within 25 km of a small population centre (communities with populations between 10,000 and 30,000)
  • LTVs may decrease once outside city limits

    ***Please contact your local BDM with questions
Minimum loan amount
  • $100,000
  • $75,000 in Atlantic Canada
Qualifications The greater of the mortgage contract rate plus 2% or the 5 year benchmark rate
  • Early payouts permitted (may be subject to charges)
  • Opportunity to make an annual payment up to 20% of original mortgage amount, double-up payments or increase monthly payment up to 20% at any time
  • Fixed: Prepayment charge is calculated as the greater of 3 months interest or the interest rate differential (using CWB posted rate, not bond rate) plus 1.00% of the mortgage balance
  • Variable: Prepayment charge is calculated as 3 months interest (using CWB posted rate, not bond rate) plus 1.00% of the mortgage balance
  • Mortgage is portable based on client and property qualification
  • Blend and extend options available 
Outside our lending guidelines
  • BEACON/FICO scores less than 500
  • Unique properties
  • Previous grow-ops
  • Rent-to-own contracts
  • Farms
  • Mobile homes and/or manufactured homes
  • Rental pools
  • Cooperative housing
  • Indigenous reserve land