Canadian Tailored Mortgage Solutions
| 6 months Open | 1 Year Open | 6 Months | 1 Year | 2 Year | 3 Year | 4 Year | 5 Year | 7 Year | 10 Year |
| - | - | - | 5.99% | 5.49% | 4.84% | 4.64% | 4.59% | 5.79% | 5.89% |
*Rates subject to change and OAC
Want to do the math? Choose a calculator and see your payment options!
A fixed rate mortgage is a great option for first time home owners. Most mortgage consumers likes the security of this mortgage type because the mortgage interest and payment will stay the same for the entire mortgage term. With this option consumers can purchase a property with less than 20% down.
A variable rate mortgage interest is typically lower than on a fixed mortgage interest rate and there are different options available:
There is also the option to switch to a fixed rate at any time (conditions may apply).
Payment Frequency refers to how often mortgagee makes their mortgage payments. Ask your CTMS agent how you can save thousands of dollars with accelerated payment option which allow you to make the equivalent of one extra monthly payment each year.
Payment frequency options may include:
HELOC is a secured form of credit that lenders use your home as guarantee that you will pay back the money you borrowed. Generally lenders only requires you to pay interest on the money you use; there are no fixed repayment amount and borrowers can use up to the credit limit, pay it back and borrow again as they see fit. HELOC can even be combined with fixed-term mortgage. Ask your CTMS agent how you can finance part of your home purchase using your HELOC.
Title insurance protects you and your lender against losses related to the property’s title or ownership. There are two types of Title Insurance:
This is a one time premium cost that’s based on the value of the home.
Services offered by Pickering Mortgage Broker: Mortgage Refinance | Mortgage Pre-Approval | Home Equity Loans | Mortgage Renewal | Debt Consolidation Mortgage | First Time Home Buyer Mortgage | Private Mortgage | Reverse Mortgage | Investment Property Mortgage | Second Mortgage | Construction Mortgage | Commercial Mortgage | Renovation Loans
Canadian Tailored Mortgage Solutions serves clients across Ajax | Aurora | Peterborough | Barrie | Bowmanville | Brampton | Brantford | Burlington | Cambridge | Chatham | Clarington | Cooksville | Durham Region | Etobicoke | GTA | Guelph | Halton Region | Hamilton | Kawartha | Kingston | Kitchener | London | Markham | Milton | Mississauga | Muskoka | Newmarket | Niagara | North York | Oakville | Oshawa | Ottawa | Peel Region | Pickering | Richmond Hill | Sault Ste Marie | Scarborough | Saint Catherines | Stouffville | Sudbury | Thornhill | Thunder Bay | Toronto | Unionville | Uxbridge | Vaughan | Waterloo | Whitby | Windsor | York | Ontario | Canada, and the surrounding areas.