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1 Yr. Open 2nd. Mortgages

Now up to $100,000.00    


Under the
H.E.L.P. Home Equity Loan Program

Equity Funding
With Low 2nd. Mortgage Rates
With Low Monthly Payments    

        With a Low

   H.E.L.P. Premium of $59.75 on each $5,000.00

You Can Now Offer Your Clients

  7.962%   up to $30,000.00   at $200. per mo. 

  8.962%   up to $100,000.00 at $744. per mo. 

We have  No Brokerage Fee  other than our $795. underwriting fee up to $30,000.00 or $895. up to
                         $100,000.00 plus the low H.E.L.P. Premium of $59.75 on each $5,000.00

You can charge your client whatever reasonable brokerage fee you wish

     -  Open in full on any monthly payment date with a maximum loan-to-value up to 75% of accepted value.
     -  We will use the homeowner’s Lawyer on all mortgages up to $75,000.  If the mortgage amount exceeds
         $75,000. the Law Society of Ontario will then require a separate lawyer to act on behalf of the lenders.
     -  This program has a reduced appraisal/evaluation charge of two hundred and ninety-five dollars plus tax 
        which is the lowest appraisal cost in Ontario based on our most recent survey of local appraisal companies.
     -  Please note that under the H.E.L.P. program, we cannot accept any third party appraisals/evaluations.
     -  Any initial renewal offered will not exceed the greater of the above rates or to a maximum of 1.99% above
        the posted then or now Royal Bank of Canada 1yr. open fixed 1st. mortgage rate with a $690. renewal fee.
     -  In addition to the low H.E.L.P premium, the low monthly payments are based on a 576 month amortization.
     -  As regulated by FSRA, please supply and discuss with your clients all required documentation and disclosures
        including this rate information sheet and all mortgage proposals issued to you by our firm.  All rate quotes that
        you issue to your clients, must show the total APR% including our charges shown above, plus whatever
        brokerage fees you are charging. Rates and fees may be subject to change.