Latest Mortgage Rates

Term OUR RATES Banks
Updated September 3, 2010 0.0 % 0.0 %
Variable ARM 2.05 % 2.65 %
1 Year Closed 2.60 % 3.75 %
2 Year Closed 3.04 % 4.05 %
3 Year Closed 2.90 % 4.65 %
5 Year Closed 3.65 % 5.85 %
50/50 Mortgage 3 yr 2.87 % 0.00 %

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Laurentian Bank - Mortgage Lender



Here are a few mortgage products that Laurentian bank has available. Contact your mortgage broker to see if any of these products are suitable for you and your situation.



Laurentian Bank 5% Cash Back Mortgage

 

Laurentian mortgage offers 5% Cash Back mortgage.  This is a great product for home buyers with little or no downpayment. This may come with a premium of 1.25% or more higher then their traditional 5 year discounted rate.  You pay your downpayment and then when the home closes you get 5% cash back. Therefore paying alot less for your mortgage.




Laurentian Bank Residential Construction Financing


Laurentian Bank works with a company specialized in the administration and financial management of residential construction projects. They guide you in the initial construction cost appraisal, financing arrangements and daily follow-up, through an advisory approach and effective electronic management tools. If you need a construction mortgage contact your mortgage broker and your mortgage broker will make sure to guide you through the construction financing and what the process is all throughout.



Other Laurentian Bank Products Available:



Other Laurentian Bank Products that are available are high ratio mortgages of up to 95%, rural mortgages and home equity lines of credit. Up to 35 year amortization.

You can get laurentian bank mortgage products in 6 & 18 month and 1-10 year fixed rates . With a 3 and 5 year term available for variable rate mortgages.

You can make weekly , accelerated bi-weekly, semi-monthly and monthly payments. You can double your payments over the term and pre-pay up to 15% each year on the original mortgage amount without a penalty.




If you are interested in a Laurentian bank mortgage product call today or apply online. Your mortgage broker will be able to find the best suitable lender for you and your situation.


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