

Open Mortgage
Open term mortgages may be appealing if you are planning to pay off your mortgage in the near future. They...
Convertible Closed Mortgage
A convertible mortgage gives you the same benefits as a closed mortgage, but can be converted to a longer, closed...
Closed Mortgage
Closed term mortgages are usually the better choice if you’re not planning to pay off your mortgage in the short...
CLOSED, OPEN AND CONVERTABLE MORTGAGES
Can’t decide between a closed, open or convertible mortgage? There are many factors to consider such as your financial goals...
Using Your RRSP as a Down Payment
Under the federal government’s Home Buyer’s Plan, first-time home buyers are eligible to use up to $25,000 in RRSP savings...
Low Down Payment Insured Mortgage
Most lenders now offer insured mortgages for both new and resale homes with lower down payment requirements than conventional mortgages-as...
Conventional Mortgage
A conventional mortgage requires a down payment of at least 20% and is offered on either a fixed or variable...
Mortgage Down Payment Options
From a low down payment mortgage to using your Registered Retirement Savings Plan (RRSP) as a source of funds, buying...