When is less than prime…prime? At Oshawa Community, a Below Prime Mortgage is a fantastic option for people who love paying less (so… everyone!). Talk to one of our friendly and experienced Loan Officers to see if you qualify.
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Features
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Borrow up to 95% of the appraised value of your property
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5 year term (option to convert to closed – conditions apply)
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Rate based on Oshawa Community’s prime rate less ½%
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Opportunity to “cap” your rate by paying Oshawa Community’s prime rate less ¼% from the issue date (Oshawa Community will not exceed our 5 year posted rate plus ½% at the time of issue)
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Pre-payment options available
Terms and Conditions Apply. Subject to Approval.
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