At Educators Financial Group, we understand all of the unique elements that make up your professional world (such as compensation structures, pension plans, gratuities and more). So when the time comes to choose a mortgage, we can provide you with sound advice on selecting one that works with all of your existing financial commitments.
Click below to learn more about the mortgage types we offer:
This option is a closed mortgage that offers you competitive prepayment privileges and the comfort of knowing your monthly payment will never change throughout the term of the mortgage.
Our Adjustable Rate Mortgage offers you the ability to take advantage of low, short-term interest rates, while giving you the peace of mind that you can convert to a Fixed Rate Mortgage at any time during the term.
As you might have guessed, the 50/50 Balanced Mortgage lets borrowers take advantage of low fixed rates and low adjustable rate products all in one mortgage. 50% of the mortgage is in a 5-year fixed rate, and 50% of the mortgage is in a 5-year adjustable rate. The adjustable portion can be locked into a fixed rate at any time for the remainder of the mortgage term.
Take advantage of special features to complement the mortgage you choose…
Once you’ve decided on the mortgage option that suits your needs, we can provide you with additional solutions that complement your lifestyle:
Looking to increase your cash flow during the “off-school” summer months? By taking advantage of our Summer Freedom Program, you can spread your mortgage payments over 10 months (skipping the summer payments) to provide more financial flexibility when you need it the most.
Got your sights on a place you can escape to during the March break or summer months? Perhaps you want to realize those dreams of having an exclusive getaway you can enjoy in your retirement years. This program is designed to assist with the purchase of that second home or vacation property with little down payment.
Want to know more? Connect with one of our mortgage specialists!
The current Educators Financial Group mortgage Prime Rate is equivalent to the annual rate of interest which the Royal Bank of Canada refers to as its ‘prime rate of interest’. Educators Financial Group mortgages, broker license 12185. Rates and products are subject to change without notice.
