Mortgage Secured Loans Effective January 2, 2020
| Promo Rate | CMHC & Non CMHC | AGRICULTURAL | COMMERCIAL | |
|---|---|---|---|---|
| Floating | Prime | ***Prime + .25% | ***'Prime + 1.00% | ***Prime + 2.50% |
| 1 yr. Open | 6.70 | 7.95 | 1.25 | |
| 6 mo. | N/A | n/a | n/a | |
| 1yr. | 3.34 | 4.34 | 4.84 | |
| 2yr. | 3.49 | 4.49 | 4.99 | |
| 3yr. | 3.79 | 4.79 | 5.29 | |
| 4yr. | 3.99 | 4.99 | 5.49 | |
| 5yr. | 3.34* | 4.39 | 4.89 | 5.89 |
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
