Prepayment Privileges

Most lenders will offer at least 15% prepayment privileges annually. We have lenders who will offer up to 25% prepayment privileges annually.
In addition to a lump sum prepayment it is possible to increase your monthly, weekly or bi-weekly payments by 10%, 15%, 20% or 25% per installment with some of our lenders.
Some mortgages allow the option to double up your mortgage payments each month.
Some mortgages allow you to pay the mortgage off prior to maturity without penalty, others will allow prepayment with penalty and others are closed without prepayment privileges.
Please contact one of our mortgage professionals to arrange a mortgage that best meets your needs.