Multi Prets Mortgage Rates

Compare Multi-Prets MR Mortgage Rates against other competitive mortgage providers to see how they hold up in the mortgage market across Canada. Whether you are considering variable or fixed rate mortgages, short or long term, ensure that your Muti-Prets MR mortgage rate is the best option for you.

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Are you looking to save money on your mortgage? Heck - who isn't? Give us your info and we'll use our crazy smart mortgage search engine to compare the market and find you the best rate. Ready? Set? Go ahead and see how much you can save:
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Property Value The value of your new dream home (an estimate is fine).
Down Payment The initial upfront portion that you need to pay for the home. Your down payment needs to be at least 5% of the property value and 20% to avoid mortgage default insurance.
Mortgage Balance How much you still owe on your mortgage.
Additional Cash OPTIONAL - Refinancing? Add how much extra you're looking to borrow against the capital you have already built up in your home. Just remember - you can't go over a total mortgage value of 90% of your property value.
Mortgage Value The amount of money you'll need to borrow (but don't worry, we've calculated this for you).
Mortgage Type

Fixed vs Variable

FIXED: mortgage rate does not change during your term - in other words you are locked in. VS. VARIABLE: mortgage rate changes during the term with the lender's prime rate.

Open vs Closed

CLOSED: you cannot pay off your mortgage early during the term without being charged a penalty. VS. OPEN: you can pay off your mortgage early with no penalty during the term.

HINT: Help! I'm a Mortgage Newbie, if you're not sure what to choose you're probably looking for a closed rate.
Mortgage Term

How long the mortgage agreement is set for.

HINT: Help! I'm a Mortgage Newbie, if you're unsure what to select a five year term is the most popular choice.
Amortization Term How long it will take you to pay off your mortgage. If you're buying a home, the default value is 25 years.
Payment Type

Basically how often you want to make your payments each month.

WISE MOVE: Looking to save MORE on your mortgage? Choose a rapid payment schedule.
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Multi Prets MR Mortgage Rates Last Updated: May 22, 2012 09:30:45

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    Other Information

    More about Multi-Prets MR Mortgage Rates

    Multi-Prets MR is a leading mortgage broker in Quebec. They have partnerships with more then 20 large banks and lenders within the province.

    Multi-Prets MR offers their clients short-term or long-term mortgage options with fixed or variable rates. Depending on your lifestyle, consultants will determined the best Multi-Prets MR mortgage rates for your needs.

    If you are a first time home buyer, Multi-Prets requires a minimum down payment of 5% of the value of your home and an additional 1.5% for other acquisition fees. You must also be able to prove you can afford to pay all other closing costs.

    Other Important Multi-Pret Mortgage Rate Details

    • Services and recommendations at Multi-Pret MR are absolutely free on standard residential mortgages. Financial institutions cover the cost of these fees leaving no additional payments for the consumer.
    • Multi-Pret MR offers CHIC Home Income Plan for individuals over 60 years of age. This is unlike any traditional mortgage where you make regular payments. As long as you live in the house you do not have to make monthly payments, instead, a reverse mortgage pays you. You can receive up to 40% of the value of your home which can be used as additional income.
    • Multi-Prets MR mortgage rates offer flexible payment options to help save you money. You have the option of paying a lump sum of money on against your principal in addition to your monthly payments.

    Learn: Mortgages

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    First Time HomeBuyers Fixed versus Variable Mortgage Refinancing
    Affordability Calculator Mortgage Penalty Calculator

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