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i deserve™
You may be a consultant or a freelancer. You may be a business
owner. You work hard to keep your taxable income low because
it's smart business. But when it comes to getting a mortgage,
your income statement can be a liability.
But that's all about
to change.
With the i deserve™ mortgage, your
excellent credit could qualify you for a mortgage up to
$600,000 CDN - without any kind of income documentation
or estimation. To us, you're more than the bottom line of
your T4.
In fact, with excellent credit, you don't
need any income or employment documentation for your i deserveTM
mortgage application: no income declaration, no Notice of
Assessment, no confirmation of business ownership.
And i deserve™ doesn't rely on the
traditional debt servicing ratios. We simply verify your
place of employment and assess your loan amount based on
your field of work.
Key Features & Benefits:
- Approvals up to 90% of the home's value
(plus lender fee)
- Mortgages up to $600,000 CDN ($700,000
CDN in selected markets)
- Available for an owner-occupied single
family home, up to a four-plex
- May be used for purchases, refinances
and equity take out (debt consolidation only)
- 3 and 5-year terms for fixed rate or
a 5-year variable rate
- 60-day rate hold for fixed terms
- One-time rate drop 7 days prior to closing
(if applicable)
- Up to 20% prepayment and 20% increase
in payments annually
- Flexible payout options
Many Canadians have come to value entrepreneurship
and independence in their day-to-day work. We believe that
kind of thinking should be viewed as a plus and rewarded,
not penalized. |
