TD Home Equity Line of Credit

A Home Equity Line of Credit lets you use the equity in your home to borrow money. It’s a flexible alternative to a traditional mortgage that lets you pay at your own pace – making payments as low as interest only, or as much as you want. |You may never need to apply for credit again.•Access to up to 80% of the appraised value or purchase price of your home (whichever is lower), less any prior outstanding mortgages or other charges• As your outstanding balance decreases, your available credit increases, which is helpful in a very different way unless you want to opt out but you should always make a right choice.

One-Year Open Mortgage | Pay a little extra, at any time - Prepay any amount of your mortgage, any time with no administration costs and no prepayment charges. And though the interest rate is fixed over the term, you have the flexibility to convert your mortgage at any time without a fee.

Fixed Rate Mortgage Own a home with a down payment of as little as 5%. Get the security of knowing your interest rate won't increase during the term you select. You can also increase your payments without affecting the interest rate you pay.

CashBack Mortgage | For renovations, furniture, appliances, or extra funds in your account. Take out a 5, 6, 7 or 10-year term fixed rate residential mortgage, and we will give you cash in an amount equal to 5% of the mortgage principal, up front. The money is yours to spend any way you choose. The larger your mortgage, the greater your 5% CashBack reward.

Closed Variable Interest Rate Mortgage Take advantage of interest rate fluctuations Take out a five-year, Closed Variable Interest Rate Mortgage. As with the Open Variable Interest Rate Mortgage, the interest rate is set on the first day of each month, and your payments remain the same. The Closed Variable Interest Rate Mortgage also gives you the ability to lock in your interest rate by converting to a Fixed Rate Mortgage at any time, as long as the new term is at least the lesser of 3 years or the current remaining term.

Rural Property Mortgage Flexible, long term loans designed for individuals wishing to purchase and/or improve a primary residence greater than five acres, on agriculture zoned land. It is available to customers whose main source of income is off-farm. A Rural Property Mortgage may allow you to: finance acquisition of farm property | finance improvements to farm property | supplement your property’s energy use with power from renewable sources | restructure existing capital |Floating and fixed rate loans are offered in terms from 6 months to 5 years. Payments may be made bi-weekly and monthly. | Interest is compounded semi-annually on the fixed rate option. |Amortization periods are up to 30 years. | A 10% prepayment is permitted annually on fixed rate loans.

Save Now, Save Later Mortgage You save now with this great rate. And you will save later because we will give you a guaranteed 1.25% off the posted rate should you choose to renew to a 5-year fixed rate closed-term mortgage. Better yet, you can choose to convert to a five year term anytime during the first year of this mortgage.

The Long and Short Mortgage Take advantage of low interest rates in the short term while protecting against interest rate increases over the long term. The Long and Short Mortgage under your Scotia Total Equity Plan offers a split of the mortgage amount.

Scotiabank StartRight Mortgage Program - for permanent residents It can be overwhelming when you move to a new country. It can also take a while to get established. We can guide you through the steps to purchasing your own home with lots of options. Make yourself at home sooner, with our specially designed program to meet your mortgage needs and help you in obtaining your first home in Canada.

Scotia Mortgage for Self-Employed If you’re self-employed or in commission-based sales, you’ll appreciate the simplified credit approval process and ability to select almost any Scotiabank home ownership solution you want. With the Scotia Mortgage for Self-Employed, you can qualify for hassle-free home financing with as little as 10% down. If you already own your home, you can refinance up to 85% of its value and use the funds however you choose.

Making the Cottage Dream a Reality For many Canadians the best summers consist of lazy days in the sun at the family cottage. Start creating memories for your family this year and make your dream of owning a cottage a reality. Whether you're planning to purchase a waterfront or back lot, finished or unfinished, seasonal or year-round property, Scotiabank understands that there can be a variety of financing needs. The Scotia Secondary Home Financing Program allows you to borrow up to 95% of the value of your cottage or second home. With the Scotia Total Equity Plan you can even use the equity in your primary residence as a downpayment.

CIBC AeroMortgage:-

Aeroplan Miles that can be used towards a number of great rewards including trips and other lifestyle items. A fixed rate mortgage | Make additional payments on a fixed rate mortgage as you can prepay up to 15% of the original principal amount of the mortgage annually.Increase your regular mortgage payment amount (principal and interest) by up to 100% of your original regular payment amount at anytime during the term. A variable rate open mortgage | Make additional payments on a variable rate mor tgage as it is fully open so you can repay up to 100% of the mortgage. Increase your payments on a variable rate mortgage by any amountThe extra payment applied directly to the principal for both fixed and variable rates, reducing overall cost.

Wealth Builder Option for CIBC Mortgages:-

The security of a fixed-rate mortgage or the flexibility of a CIBC Variable Flex Mortgage | To purchase a home but don’t want to put your other savings plans on hold | To see your savings grow as you pay down your mortgage | The ability to meet your financial goals sooner.

CIBC More-for-your-home Mortgage Bundle:-

A CIBC Fixed Rate Closed Mortgage or CIBC Variable Flex Mortgage |To purchase a new home or refinance your existing mortgage |To renovate your home |To buy an older home that will need renovations and upgrades | To make energy efficient upgrades to your home | The CIBC More-for-your-home Mortgage Bundle includes: Up to $500 cash rebate on your choice of a Home Inspection or Eco Energy “D” (pre-retrofit) Evaluation by AmeriSpec, Preferred pricing and rebates for your home from national retailers and service providers across Canada.

CIBC Up to 7% Cash Back mortgage offer could be for you if you want:-

To renovate, furnish or decorate your home | To make an additional lump sum payment on your mortgage | Cash back for a special upcoming event such as an anniversary, wedding or child on the way or to take a dream vacation |To renew an existing mortgage early, or transfer your mortgage from another financial institution and have prepayment costs to pay | To purchase investments, open an RESP or make an RRSP contribution |Key Benefits- You get up to 7% cash back based on your mortgage amount and term, to spend however you choose | The larger your mortgage amount, the more cash back you receive up to 7% of the principal mortgage amount.

CIBC Self Employed Recognition Mortgage:-

An easier time qualifying for mortgage financing if you’re self-employed as you don’t have to prove your income1 so long as you have 35% equity (or 10% equity for a high-ratio mortgage) |A streamlined mortgage approval process which doesn’t require any detailed financial statements or income verification1, meaning less paperwork and hassle |Your approval to be based on your personal credit history, not your business history |A number of choices in terms of mortgage products, allowing you to find the one that best suits your needs |A mortgage that is available across Canada3, on residential single-family, owner-occupied properties and in a conventional (uninsured) or high-ratio (insured) form.

CIBC Home Power Mortgage:-

To consolidate your debt at a lower rate of interest than most major credit cards and loans | Help with the kids’ education costs, your dream vacation, perfect vehicle, a home renovation and more | Emergency funds to handle unexpected expenses | To purchase investments or maximize your RRSP contributions |A residential property, including rental properties of up to four units.

First line Mortgages so flexible and convenient, they are designed with your individual financial needs in mind. While some lenders try to make their standard mortgages fit everybody, FirstLine takes a different approach. We constantly monitor housing markets, economic indicators, interest rate trends, consumer demographics and industry regulations, then we design a whole range of innovative mortgages—so there’s at least one that fits your needs and lifestyle perfectly They’re acknowledged to be more flexible, so you can change payment frequency, increase payments or make lump-sum payments more easily. *

Most feature a 90-day rate guarantee, so if rates drop after you apply, you get the FirstLine rate in effect 7 days before closing.

User-Friendly Mortgages - 2, 3, 5, 7, 9, 10, 15, 18, 25 year closed mortgages

The security of locking in an attractive rate | When mortgage rates are low but potentially about to climb, FirstLine’s range of fixed rate mortgages lets you lock in our best available rate for up to 25 years. Historically, FirstLine’s 5-year posted rates have consistently been lower than other financial institutions’. Click Today’s Best Rates on the left menu bar for current details. Even though you’re locked in, you still have the flexibility of our superior prepayment options! Payment Options: monthly, semi-monthly, bi-weekly or weekly. You can increase your payment by as much as 25% annually, without fee or penalty. Prepayment Options: make as many lump-sum payments as you wish each year totaling up to 20% of your original mortgage amount, without fee or penalty.

User-Friendly Mortgages - Free Home Owner's Advantage

Besides getting a mortgage ideally suited to your needs, get peace of mind.

As if innovative features and highly competitive rates weren’t enough, FirstLine offers you our new Home Owner's Advantage Program is now included on most FirstLine mortgages. This attractive new feature provides up to $10,000 worth of free home repair Services annually when unexpected breakdowns or malfunctions occur. The first year of membership in this program is included COMPLIMENTARY on most of our mortgages, which represents a value of over $200! No property inspections are required, and the program is transferable on the assumption of the mortgage.

To activate membership, an enrollment form must be signed and returned with the mortgage commitment. Membership will start immediately after the mortgage is funded when your client is transferring an existing mortgage to FirstLine or doing an equity take out on their existing home. If the client is taking out a new mortgage on a home they have just acquired there is a 30-day waiting period. The Home Owner’s Advantage Program offers around-the-clock service support for most major home systems, including all parts and labour. Immediate assistance is just a phone call away for problems involving: Electrical | water heating | plumbing | central heating | central air conditioning

The All-In-One is more than just a mortgage line of credit! In addition to a no-fee account with unlimited electronic transactions,you get an advantageous variable rate and access to your repaid principal at all times without having to complete a new financing application.

Plus, thanks to its flexible payment structure and the freedom to make additional payments without penalty, the All-In-One lets you adjust your payments to reflect any changes in your budget. You’ll even receive a consolidated monthly statement that makes managing your finances a breeze!

Are you concerned about rising mortgage rates? We can assign a fixed rate to part of your All-In-One by including one or more integrated mortgage loans.

To take advantage of this special offer, sign up for a National Bank All-In-One1 account. At the time the loan is granted, you must be approved for a credit limit of at least $50,000. At time of refinancing, additional approved credit limit must be at least $50,000.

Prerequisites: residential building with 1 to 4 units | owner-occupied building only.

Private Lenders - Fisgard provides residential and commercial 1st and 2nd mortgages for large and small projects including residential, commercial, raw land and mixed-use. Mortgages range from a 2nd mortgage equity financing of $10,000 on a single-family home to $10 million 1st for construction of a mixed-use multi-story building. We finance the purchase and development of residential subdivisions, often including construction of the homes.

Terms range from 3 months to 2 years.

One of Fisgard's strengths is its innovative approach to difficult or unusual mortgage situations. This is a result of over forty years of Special Situation mortgage experience and successfully dealing with a wide variety of circumstances that require alternative mortgage financing.

Many homeowners use home equity to improve their financial position by eliminating high credit card debt and high interest monthly payments. Home improvements, education expenses and debt consolidation are all good reasons to take advantage of the equity you have in your home.

Use your Home Equity to: |pay for a family member’s college education | purchase a second home or revenue property | consolidate debt and reduce interest cost |reduce your monthly payments | make an investment in your RRSP or TFSA

No longer does a residential or commerical developer or builder need to shop for one lender to finance the property purchase, another to finance the development, another to finance the construction, and another to finance the buyer of the finished product. Fisgard provides all these mortgages, so the borrower doesn’t waste time shopping and incurring repeated fees and costs.

This is called FULL SPECTRUM FINANCING.

For new construction builders, renovators, and land developers, we finance: purchase of the land | site servicing | construction | purchase of finished products (lots or homes) by the end buyer