Alternative B Mortgage rates
Alternative mortgage rates, unlike mainstream rates are not easily pre defined, and cannot be ascertained prior to an application being submitted and all the relevant factors that influence an approval, is adjudicated by the lender.
There are factors that influence the pricing. The following are examples of things that will affect the actual rate:
- credit score
- how recent the derogatory items occurred
- previous bankruptcy or consumer proposal
- Collections
- Open and ongoing credit worthiness
- Property Location. ( usually requires a major city location)
- Municipal services vs. well and septic properties
- Confirmed income vs self employed income
- Down payment amount
Here are the rates
| TERM | Condition | RATE | |
|---|---|---|---|
| 1 Year | No Pre approval up to 80% LTV | 3.69% - 4.50% | GET THIS RATE |
| 2 Years | No Pre approval Up to 80% LTV | 3.69% - 4.65% | GET THIS RATE |
| 3 Years | No Pre approval Up to 80% LTV | 3.69% - 4.65% | GET THIS RATE |
What if my credit is bad? Do not worry, we have private lending solutions. Learn More »
For more information on our Alternative mortgage solutions, call us today 1-877 237-2601 or fill out our online contact form.
How much down payment do I need? Read about our down payment requirement here. Learn More »