Conventional Mortgages High Ratio Mortgages >> MERITline™ High Ratio Mortgages Realize What Is Possible If owning your own home is important to you and you don’t have full financing for a conventional down payment, your Credit Union is there to help you make the right decision. We can also arrange financing with as little as 5% down. BENEFITS AND FEATURES - Make your dream a reality! High ratio mortgages available with as little as 5% down for those with an acceptable credit record
- Competitive rates! While you must pay mortgage insurance (Canada Mortgage and Housing Corporation and AIG United Guarantee), we do our best to give you a discounted rate
- Options! Term lengths range from 1 to 5 years
- Repayment options of weekly, monthly, bi-weekly or semi-monthly
A full range of protection is available. Talk to your Member Service Officer to see if we can help make the dream of owning your home a reality. |