Big Mortgage Equals Big Savings!
Want to borrow $500k or more? Save big!
Did you know that if you are thinking about choosing a 5-year fixed mortgage, the larger your loan amount, the larger potential rate savings you can obtain?
First Foundation has specials from a few of our lending partners on loans of $500k and up and $1million+.
If you’re purchasing a new home or refinancing your current home, the loan amounts and corresponding rates for a 5-year fixed mortgage are (as of June 5th, 2008):
$500,000 to $999,000 – 4.99%
$1,000,000 plus – 4.90%
If you’re purchasing an investment property (rental), the loan amounts and corresponding rates for a 5-year fixed mortgage are the same as the purchase/refinance rates mentioned above.
As you can see, sometimes going bigger is better! Please contact First Foundation today for more information!
First Foundation
OWN. GROW. PROTECT. First Foundation is the one-stop-shop for financially responsible Canadians looking to get great advice and save money. Whether arranging financing for a property you OWN, or looking…
OWN. GROW. PROTECT. First Foundation is the one-stop-shop for financially responsible Canadians looking to get great advice and save money. Whether arranging financing for a property you OWN, or looking…