Canadian Mortgages

Canadian dollar mortgages are currently a great prospective owing to the current all time high of the Canadian dollar (highest in 30 years). A Canadian currency mortgage is suited to individuals, ex pats, companies and trusts for UK properties who would like to combine it into a multi-currency mortgage facility. A multi currency mortgage allows you can switch between approved currencies (subject to status and conditions)

What you should be looking for in a Canadian Dollar Mortgage

• Free pre-approved funding
• No penalty for rental / buy-to-let properties
• No penalization for ahead of time payments
• Up to a hundred percent financing available (subject to credit and additional security)
• Versatile repayment methods
• Principal plus interest instalments
• Interest only plus savings plan
• Interest only plus lump sum investment or deposits
• Interest only (normal LTV reduced by 5%). Reviewed after 5 years.
• Interest only for 5 years, followed by automatic conversion to instalments of principal and interest.

• For loans against property in the UK
• For loans in GBP, 1% p.a. over the prevalent UK Base Rate;
• For loans in other currencies,1% over Cost of Funds rate for the applicable currency