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i decide™
The i decide™ interest-only mortgage can help you get into the
market more easily than you ever thought possible. With i decideTM,
you can borrow up to 80% of the value or your home. Or up to 95%, if
you add a low-rate second mortgage that you can pay off anytime without
penalty.
There are no mortgage insurance premiums or lender fees
added to your mortgage principal. And, with the lower monthly payments,
you'll qualify easier for the mortgage you want.
Key Features & Benefits:
- First mortgage can be paid off at anytime with the
greater of 3 months interest or the interest rate differential.
- Use the flexible prepayment options to pay off mortgage,
not fees or premiums.
- No mortgage insurance premiums or lender fees.
- Increases your cash flow if you already own your
home, freeing funds for RRSPs, renovations or even vacations.
It's up to you to choose how you'll use the power of i decide™. |
