Mortgage Loan Options
Explore our full range of mortgage products designed to meet your unique financial needs and homeownership goals in Ontario.
Conventional Mortgages
Conventional mortgages in Canada require a minimum 20% down payment and do not require mortgage default insurance. These mortgages are ideal for Ontario borrowers with strong credit profiles and stable income.
Key Benefits
- No mortgage default insurance premiums required
- More flexible terms and amortization periods
- Available for primary residences, second homes, and rental properties
- Variety of term options (1-10 years) with fixed or variable rates
- Amortization periods up to 30 years for owner-occupied properties
Fixed-Rate Mortgage
Stable monthly payments with locked-in interest rates for your term. Available in 1, 2, 3, 4, 5, 7, and 10-year terms.
Variable-Rate Mortgage
Interest rate that fluctuates with the Bank of Canada's prime rate. Typically offers lower initial rates and includes rate cap options for protection.
Cashback Mortgages
Receive a percentage of your mortgage amount as cash at closing (typically 1-5%) to help with moving costs, renovations, or other expenses.
| Loan Type | Current Rate | Min. Down Payment | Min. Credit Score |
|---|---|---|---|
| 5-Year Fixed | Contact for rates | 20% | 680 |
| 3-Year Fixed | Contact for rates | 20% | 680 |
| Variable Rate | Contact for rates | 20% | 680 |
*Rates are subject to change. Contact us for personalized rate quotes.
Frequently Asked Questions
Ready to Find Your Perfect Ontario Mortgage?
Our mortgage specialists are ready to help you navigate Ontario's mortgage options and find the perfect loan for your needs.