| Financial
Services > Mortgages
> Holiday
Homes > Canadian
property as Security
If you need finance
to purchase a property
in Canada then Justcredit.biz
can help, we can
put you in touch
with a team of licensed
credit brokers,
who have over 20
years experience
in the field. Depending
on your circumstances,
you could secure
a repayment mortgage,
on the Canadian
property you wish
to buy.
Based on the valuation
or purchase price
(whichever is lower),
you can borrow up
to 75% (including
fees) of the value
of your property
in Canada, for the
purpose of purchases
(or re-mortgages
for home improvements).
Mortgages for any
other purpose, or
commercial loans
will be dealt with
on a case by case
basis.
Current mortgage
rates and terms:
|
Canada |
-
Max
75%
LTV
(URBAN)
- Max
65%
LTV
(RURAL)
- Max
Term
25 Years
- CDN
$75,000
Minimum
Loan
- Repayment
Mortgages
- Rates
from
4.25%
Tracker
- 5
year
fixed
4.80%
CURRENCY
–
US DOLLARS
APPLY
|
|
The example below,
demonstrates a repayment
mortgage in Canadian
Dollars. The cost
of a mortgage protection
plan has not been
included.
Repayment
mortgage of
£ 50,000
over a period
of 25 years
at an Variable
interest rate
of 4.25% =
£ 270.86
capital &
interest per
month = A
total approx
amount payable
over a term
of; £81,258
including
capital and
interest.
Legal, arrangement
and survey
fees are additional
costs.
The income
criteria is
variable Bank
Reference
and Employers
or Accountants
reference
if self-employed
Existing borrowing
in the UK
and Overseas
will be taken
into account
All enquiries
will be dealt
with on a
case by case
basis &
are subject
to satisfactory
credit status
& valuation |
Written quotations
are available on
request.
|
RealVacances
Last
Minute & Special Offers