Property Types

Single Family Residential

• Owner Occupied: Generally get the best interest rate.
• Rental: May get the best interest rate.

Duplex and Triplex

• Owner Occupied: Generally get the best interest rate.
• Rental: May get the best interest rate.
• Rental properties four units or less: May get the best rates.

Vacant Land: Generally up to 75% loan to value at Collateral Mortgage Rates, which are slightly higher than normal first mortgage rates.

Cottages:  Can be insured up to 95% loan to value. CMHC/Genworth insured at prime rates.

Commercial and Industrial: This includes store front, mixed uses, office buildings, manufacturing, warehouses, shopping plazas etc. Rates may be at or below posted depending on the strength of the applicant and desirability of the project.