OVER 30 YEARS EXPERIENCE
OUR VALUE PROPOSITON
VISIT US

Our Group consists of seasoned Mortgage Professionals and have proven success in providing meaningful solutions to our clients. 

- Save you Money & Time 

- Create Convenience

- Create Awareness

- Finding the Right solution

- Provide Peace of Mind

Unit 202

10114 156 Street NW

Edmonton, Alberta

T5P 2P9

We accept Walk Ins

Open Term vs Closed Term

Closed Mortgages

A closed mortgage simply means there will be a penalty for breaking the mortgage contract before the term ends. The penalty is the greater of three months interest or Interest Rate Differential (IRD). Variable Rate mortgages do not have IRD penalties. There are also limitation as to how much you are allowed to pay the principal down. Mortgage contracts can range from 10% to 20% in pre-payments per annum. 

Open Mortgages

An open mortgage do not have a penalty as it is an open mortgage contract. Open mortgages are generally issued with Variable mortgages where the interest rate is above the Bank of Canada's Prime rate. 

CALL US

Tel:  780.483.0601 | Fax: 780.484.9558

OFFICE HOURS

Mon - Fri: 10am - 4:30pm

We accept walk ins