You've finally found the city condo of your dreams and you're now a proud owner! Are you familiar with the Laurentian Bank's fixed-rate mortgage with cashback? It's an interesting option for situations just like yours. Read on…
IN A NUTSHELL…
You could receive a cashback of up to $25,000 from the Laurentian Bank to help you realize your dreams with total peace of mind - a highly attractive offer when you're ready to purchase a home and get on with long-postponed plans.
CHARACTERISTICS1 |
|
Offer |
Fixed-rate mortgage with cashback2 equal to a maximum of 5% of borrowed capital (Various combinations of cashback and interest rate rebates are available). |
Terms |
5-year closed fixed-rate |
Payments |
Fixed amounts |
Guaranteed rate |
Up to 9 month |
Option 15 / 15 |
You can choose to make an additional payment or to increase the amount of your payments. The prepayment opportunity is directly applied to the principal, which in turn diminishes global costs.
|
Payment frequency |
Monthly, month-end, biweekly or weekly payments (accelerated or not). |
Summary
This mortgage product is for you if:
This mortgage product is not for you if:
This promotion is valid for a limited time period.
For more information contact :
David Duguay
514 708.5740
david.duguay@banquelaurentienne.ca
1. Subject to credit approval. Certain conditions apply.
2. Cashback is calculated according to the amount borrowed and used. Maximum cashback: $25,000.