SHORT TERM MORTGAGE
A mortgage typically has a term of from six months to ten years.
Usually, the shorter the term the lower the interest rate.

A Short-term Mortgage is usually for two years or less.
It is a hedge on interest rates that hopefully will drop
by the time renewal time comes around.

LONG TERM MORTGAGE
A Long-term Mortgage is suitable when current rates are relatively low.
It is for borrowers who want the security of budgeting for the future.
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In both Short-term Mortgages and Long-term Mortgages the key is to feel comfortable with the mortgage payments and the interest rates agreed to.
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Combined with a full range of competitive lending options
and historically low interest lending rates, mortgages, loans, lines of credit,
mortgage renewals and accessing equity in assets has become a lot easier.
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A Mortgage Professional, Mortgage Broker or
Bank Specialist in your area can usually provide you with
a Bank or reputable Lender who has a
great combination of Rates and Terms.
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MORTGAGE SERVICES CAN USUALLY BE PROVIDED IN MOST LANGUAGES OF YOUR CHOICE
Interest rates are subject to change without notice.
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