Multi-prets hypotheques Chartered real estate Broker

Elsewhere in Canada Agents (private section) Site Map Version française

Contact a mortgage consultant

Online Mortgage Application

Today's Rates

FEB

4
2012

Term	Posted rates
Variable	3.00 %*	2.90 %
1 year	5.25 %	2.79 %
3 years	4.44 %	2.79 %
5 years	5.29 %	3.14 %

*Represents the Prime Rate. Some conditions apply, subject to change without prior notice.

Register for our RATE Watch service

To be informed of the best rates on the market

Multi-Prêts is your one stop shop giving you access to more than 20 financial institutions.

Home owner – Take advantage of vacation property programs offered by some of our lenders.

All that's missing in your perfect world is a cottage?

Already a home owner, and you cannot stop dreaming about a cottage out in the country or a pad in the downtown core? With over 25 years of experience in the mortgage industry, Multi-Prêts can offer you, via its chosen lenders, vacation property programs that will make your dreams a reality. Our trained mortgage consultants can help you put your project in perspective and determine the steps required to find the mortgage that best suits your needs.

Did you know that

You can contract more than one mortgage at a time - for example: a mortgage on your primary residence and another on your second home.
Only one property can be considered as primary, the others are considered as secondary.
A downpayment of only 5% can make the dream of owning a second home come true.
You can also finance the purchase of a second home by using the increase in equity gained over the years on your primary home.

Various options are available for each of your mortgages. Let us help you finalize your project and benefit from our market knowledge to get you a mortgage at unhoped-for conditions and rate.

Rental properties

If you wish to buy a rental property - that is, a property where you do not reside, take advantage of your Multi-Prêts Mortgage Broker's consultant advices.

What you need to know

For a full rental property:

A down payment of 20% is needed to purchase a 1-4 unit property.
However, you will need a minimum down payment of 15% to buy a property of 5 units or more and it will need to respect the lender and chmc's rental ratio.

For a rental property where a unit is occupied by the owner:

You will need a 5% down payment for a duplex, 10% for a 3 to 4 unit property and 15% for a 5 units. For 6 units and more, full rental property criteria will apply.