| Eligible Products |
Fixed Rate Mortgages
Variable Rate Mortgages
|
| Eligible Loan Purposes |
Purchase
Purchase Plus Improvements
Progress Advance – New Construction
|
| Eligible Properties |
Owner Occupied, Principal Residence up to 2 units
New Construction or Existing Properties
|
| Borrower Eligibility |
Maximum GDS/TDS 32/40
Strong Credit History and Credit Score
|
| LTV |
100% LTV
|
| Amortization |
Up to and Including 40 Years
|
| CMHC/Genworth |
Up to and Including 25 Years
|
3.10% |
| Insurance Fees |
25.01 to 30 Years
30.01 to 35 Years
35.01 to 40 Years
|
3.30%
3.50%
3.70% |
