Making Your Rate the BestRate!
Licence #10705



MAILING LIST
To stay updated with current mortgage rates, join our mailing list










Home     :::     About Paula Scott     :::     Mortgage Agents     :::     Contact Us      


How Much Does Mortgage Loan Insurance Cost?

Loan-to-Value Premium on Total Loan Premium on Increase to Loan Amount for Portability and Refinance
Standard Premium Self-Employed without 3rd Party Income Validation Standard Premium Self-Employed without 3rd Party Income Validation**
Up to and including 65% 0.50% 0.80% 0.50% 1.50%
Up to and including 75% 0.65% 1.00% 2.25% 2.60%
Up to and including 80% 1.00% 1.64% 2.75% 3.85%
Up to and including 85% 1.75% 2.90% 3.50% 5.50%
Up to and including 90% 2.00% 4.75% 4.25% 7.00%*
Up to and including 95% 2.75% N/A 4.25%* *
90.01% to 95% —
Non-Traditional Down Payment***
2.90% N/A * N/A
Extended Amortization Surcharges
Greater than 25 years, up to and including 30 years: 0.20%
Greater than 30 years, up to and including 35 years: 0.40%


CURRENT RATES
View all current rates













Best Rate Financial

Mortgage Services

Miscellaneous


Copyright © 2010-2011 Best Rate Financial Ltd. Mortgage Broker - Ancaster, Ontario. All Rights Reserved
This website is designed and optimized by Vision Design, an award-winning web design company in Hamilton, Ontario.
Hamilton - Toronto - Ancaster - Brantford - Mississauga - Oakville - Burlington - St. Catharines - Brampton - Dundas - GTA - Ontario - Canada