uDrive Lending Program - Rates (Landscape) 2020 · 2020. 2. 13. · uDrive RATES 6. 65% rat e &...

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uDrive RATES

6.65% rate & 2% lender fee – fully open7.65% rate & 1% lender fee – fully open8.65% rate & 0% lender fee – fully open after 3 months

1st mortgages up to 70% LTV

7.25% rate & 2% lender fee – fully open8.25% rate & 1% lender fee – fully open9.25% rate & 0% lender fee – fully open after 3 months

1st mortgages up to 75% LTV

10.75% rate & 1% lender fee – fully open

2nd mortgages up to 75% LTV

Please contact us directly for pricing on LTV under 60%

No beacon requirementsNo admin or commitment feesOwner occupied or rentals1 and 2 year terms available30 year amortization on 1st, 25 year amortization on 2ndInterest only may be considered at 65% LTV and under

Terms

Renewals are offered to borrowers that meet all obligations Renewal fee of only 0.25%

Renewals

Underwriting TeamBrad GrahamChief Credit Officerbrad@threepointcapital.ca

Kate OrmondMortgage Underwriterkate@threepointcapital.ca

Tanya RousseauMortgage Underwritertanya@threepointcapital.ca

Lorinda ShmyrMortgage Administratorlorinda@threepointcapital.ca

Loren HawkinsNational Manager, Broker Relationsloren@threepointcapital.ca