Scotiabank mortgage Specials


Just a quick note to say things are picking up in the mortgage department.   I think the nicer weather and the great rates are helping :-)

Not too many changes....prime rate is still 3.00%.   I have a couple of specials: a 2 yr fixed at 2.69%....a 3yr fixed at 2.79% ....and a 5yr fixed at 3.04%.

Did you know that if a client is putting 20% down and does not need to be insured....that the bank will allow us to go 30 yr amortization.....and if insured the maximum is 25 yrs.

Sometimes that extra 5yr amortization can make a big difference in making the budget work.   Just some food for thought!   As well....some lenders approve your mortgages at the benchmark rate of 5.24%....instead of the actual 5yr special rate....the client may be getting.   This also makes a huge difference on what the maximum mortgage amount they are pre-approved for.    So just remember a decline elsewhere or a maximum elsewhere is always worth a second opinion.    And with us.... that second opinion is free!

Wishing you all a fabulous week and happy sales :-)   Cheers!


SHANNON KIDD  /  Home Financing Advisor
____________________________________________

Scotiabank,
Home Financing Solutions
M: 250-371-0783  F: 250-573-7545
shannon.kidd
@scotiabank.com
www.scotiabank.ca


"Mortgages are my business but my heart is in the home & the people who occupy them"



 
 
Lisa Butler

Lisa Butler

REALTOR®
CENTURY 21 Executives Realty Ltd.
Contact Me

Tags