Summerland & Penticton Okanagan BC Real Estate, Homes For Sale and Revenue Properties - Raymond MAASKE

Mortgage Rate Specials in the South Okanagan Before reading this blog, Please read  “Sometimes the lowest mortgage interest rate is just not worth it" Mortgage Product Spotlight:  The 50/50 Mortgage!

50% of your mortgage is at the 5 year fixed rate 50% of your mortgage is a variable rate variable rate can be locked in at the current fixed rate for the appropriate term remaining monthly payments are split between the fixed and variable portions you can choose which portion to apply any lump sum payments

For example, you could use your prepayment privileges to pay down your highest rate (fixed rate) sooner to reduce your overall interest costs, OR, you could take the approach of paying down your ARM portion sooner to reduce the impact when Prime Rate increases.

Quick Close Rates and Mortgage Rate Specials

If your real estate deal (purchase, refinance, renewal, etc.) completes within a specified period of time, usually between 30 to 60 days, then you may be eligible for these rate specials available in the South Okanagan.

Here are a few current Mortgage Rate Specials: Quick Close: 1 year fixed rate 2.3% (BN) 5 year fixed 3.89% (MV) Rate Special: 3 year fixed rate 3.29% (TH)

All lending products are subject to change without notice and are subject to client qualification. E&OE, OAC

The lowest mortgage rate is only part of what makes a profitable mortgage.  Getting the mortgage product that is right for you with the highest level of service from your mortgage broker is what makes a mortgage truly special!

You do not have to fit your mortgage, it can be made to fit you.

For more information on these or other mortgage rate specials, please contact me.  If you are currently in a mortgage contract and would like to know if you can benefit from one of my mortgage rate specials, we can set up a free mortgage review. I would love to serve you in any way I can. Richard Batke - Mortgage Broker Invis - Wilkins & Associates Mortgage Brokers 2004 Main St. Penticton, BC V2A 5H4 Direct:  250-809-0285 email:  richardbatke@invis.ca web:  www.thehomefinancecentre.com map:  2004 Main St., Penticton, BC * Purchase * Refinance * Renew * Debt Consolidation * * Business Equipment Leasing * Serving the South Okanagan, including: Summerland BC | Penticton BC | Naramata BC | Okanagan Falls BC | Oliver BC  Osooyoos BC |  Keremeos BC | Princeton BC