Variable Closed Rate Mortgage

Your mortgage interest rate will fluctuate with prime and when it decreases, your mortgage will be paid off faster. You can switch to a fixed rate option at any time without penalty provided the term is equal to or greater than the original period. By selecting a closed variable mortgage your interest rate will be less than with the open variable option.

Ask us about our special limited time offer: 5-Year Closed, Variable Rate at 2.24%
Available until June 30, 2010.

Features and Benefits

  • Competitive rates based on Provincial Alliance prime
  • Option to switch to a Fixed Rate mortgage at any time
  • Mortgage can be life insured to protect your home

See Current Mortgage Rates
See Lending Fees
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