VanCity
 
Closed Term   Open Term
6 Mo 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 7 Yr 10 Yr | 6 Mo 1 Yr
4.55% 3.30% 3.55% 4.20% 5.14% 5.49% 6.45% 6.60% | 6.65% 6.70%
These Rates Updated: September 3/2010
Rate Commitment Period
 60 days
Payment Options wkly-biwkly-mo-accel bi
 Yes to all with added option of semi-monthly
Amortization Options
 5 years to 25 years
Portable
 Yes locally with restrictions and with qualifications
Assumable
 Yes with qualifications
Monthly Pre-payment Privileges
  Increase payments 20% yearly based on original mortgage payment
Annual Pre-payment Privileges
 20% per year based on original amount borrowed
Mortgage Life Insurance
 Yes
Payout Penalty
 
Notes
 Re-advancable loan option available
The above is for information purposes only and should not be relied upon without verification through the indicated financial institution