Mortgage Secured Loans Effective May 1, 2020
| Promo Rate | CMHC & Non CMHC | AGRICULTURAL | COMMERCIAL | |
|---|---|---|---|---|
| Floating | Prime | ***Prime + 0.25% | ***'Prime + 1.00% | ***Prime + 2.50% |
| 1 yr. Open | 6.70 | 7.95 | 7.95 | |
| 6 mo. | N/A | n/a | n/a | |
| 1yr. | 3.19 | 4.19 | 4.69 | |
| 2yr. | 3.35 | 4.35 | 4.85 | |
| 3yr. | 3.60 | 4.60 | 5.10 | |
| 4yr. | 3.99 | 4.99 | 5.49 | |
| 5yr. | 3.35* | 4.35 | 5.35 | 5.85 |
Government Guaranteed (SBLA) CMHC RATE + 1.75%
* Promotional Rate only on New Business
** Agricultural Loans are based upon Semi-Annual Payments. Annual Payments are to be charged a Premium of .25%. Payment more frequently than Semi-Annual will receive a discount of .25%
*** Variable Mortgage Rates starting rates based on Qualifications and Risk
