5-year fixed rate for owner-occupied may be high, as best rate is currently 4.59%.JC0411 wrote: ↑ Does anyone have experience working with Pine Financial? Here's what they're offering me:
5 Year fixed term at 4.74%
3 Year fixed term at 4.77%
5 Year adjustable term at prime less 1.15% - rate as of today 5.3%
On rental properties, Pine Financial is offering me:
5-year fixed rate: 5.09%
5-year adjustable term at prime less 0.65% - rate as of today 5.8%
I also contacted TD (where my mortgage is currently) and their offer for either owner-occuppied or rental property is:
5-year Variable Closed at prime less 1.08% - rate as of today 5.52%
All other rates look good.
Kevin Somnauth, CFA
Principal Broker/Owner - First Toronto Mortgage - MA (Ontario #13176, BC #X301007)
Real Estate Salesperson - Century 21 Innovative
Principal Broker/Owner - First Toronto Mortgage - MA (Ontario #13176, BC #X301007)
Real Estate Salesperson - Century 21 Innovative