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Mortgage Details
Interest rate offered by the lender or broker for the mortgage loan.
Mortgage Rate
Not Sure
The amount you will pay monthly based on your total mortgage amount.
Monthly Payment
Rate availability
A mortgage where the borrower has less than 20% of the property or house value. The mortgage must then be insured against payment default by a Mortgage Insurer, such as CMHC, or Genworth Financial.
High-ratio Mortgage
No
The amount you can overpay on your mortgage every year..
Lump Sum Annual
No
The amount you can overpay on your monthly payments.
Lump Sum Monthly
No
Portable
No No
The length of time (usually 30 to 120 days) a lender will guarantee this rate. (Think of it like the length of time you can put something on hold at a store to guarantee that price.)
Rate Hold
No
The lowest amount of money required to be borrowed for the lender/broker to offer this mortgage rate.
Min amount
No
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