As most Albertans know, Fort McMurray is a world unto itself.
The oilsands projects are a huge driver of Canada’s economy. The incomes people earn are way above average and Fort McMurray real estate prices are astronomical.
One of my lenders is offering a special mortgage rate for Fort McMurray homeowners.
This program offers a five-year fixed rate mortgage of 2.99 percent on Wood Buffalo area properties that fund within 90 days of the application being made.
If you have more than 20 percent of the property price as a down payment or as equity your amortization can be stretched from 25 to 35 years to make the monthly payments easier.
Clients with less than a 20 percent down payment can only have up to 25 years for the amortization.
As a bonus, you will receive a free chequing account for the duration of the mortgage term.
(Hey, every little bit counts and that’s about an $800 savings.)
Please call 1.877.408.7435 for more information.
On Approved Credit. Lender may change rate and free account offer without notice.