3.99% 1-Year Fixed Rate on a High-Ratio Mortgage Offer
Homewise Mortgage Offer**
3.99% 1-Year Fixed Rate on a High-Ratio Mortgage**
We are delighted to present an opportunity for you to step into homeownership. Our exclusive limited-time offer features a 3.99% 1-Year Fixed Rate on a High-Ratio Mortgage when you choose Homewise as your mortgage partner for select Move-In Ready townhomes in London, Ontario.
Understanding the nuances of the Ontario real estate market is crucial, and our partnership with Homewise ensures that you receive mortgage solutions crafted specifically for this dynamic landscape.
How it Works
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Step 1
Apply for a mortgage with Homewise, with a minimum principal of $200,000 by April 30, 2024
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Step 2
Utilize the mortgage financing funds to secure your dream townhome with London Ontario Townhomes, ensuring a closing date within 120 days from the initiation of your Homewise mortgage application.
*The mortgage rate is based on a 25-year amortization at an APR of 4.03% for a high ratio mortgage, for the applicable term assuming monthly payments and fees, such as appraisal. The purchaser must meet the Homewise and the Lender Partner mortgage adjudication criteria for an insured mortgage. This offer can be changed, extended, or withdrawn at any time without prior notice, and cannot be used with any other Homewise or the Lender Partner offer for the same Mortgage. The owner of London Ontario Townhomes is subsidizing the interest rate for each buyer to the extent that the quoted rate is below the existing market interest rate. The cost of this buy down will reduce the purchase price of the property used in the mortgage application for purposes of assessing the borrower’s eligibility for a loan.
**This promotion is applicable to select Move-In-Ready, owner-occupied London Ontario Townhomes at 35 Waterman Ave., 355 Sandringham Cres., 135 Belmont Dr. and 126 Belmont Dr in London, Ontario.