First National Financial LP
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Mortgage rates

Our rates for qualified residential mortgages

Rates are obviously a key deciding factor when choosing a lender for your client’s residential mortgage. Below you will find the latest rates that First National offers for qualified residential mortgages.

While competitive rates are important, so is having a partner that puts your client first. At First National, we are committed to going beyond service – making it easy for your client to manage their mortgage and achieve their real estate financing goals.

Rates effective as of Wednesday, September 15, 2021 for qualified residential properties.

Posted Rates

Fixed rate mortgages – closed terms

1 year 2 year 3 year 4 year 5 year 7 year 10 year
Insured 1.79 1.79 1.79 1.79 1.89 2.94 3.30
Insurable up to 65% LTV 1.79 1.79 1.79 1.79 1.89 N/A N/A
Insurable > 65% - 70% LTV 1.99 1.99 1.99 1.99 2.04 N/A N/A
Insurable > 70% - 75% LTV 2.09 2.09 2.09 2.09 2.09 N/A N/A
Insurable > 75% - 80% LTV 2.09 2.09 2.09 2.09 2.09 N/A N/A
Conventional 2.54 2.24 2.14 2.19 2.09 2.94 3.30

Adjustable rate mortgages

5 year
Insured Prime - 1.10% for the entire term
Insurable up to 65% LTV Prime - 1.10% for the entire term
Insurable > 65% - 70% LTV Prime - 1.10% for the entire term
Insurable > 70% - 75% LTV Prime - 1.00% for the entire term
Insurable > 75% - 80% LTV Prime - 1.00% for the entire term
Conventional Prime - 1.00% for the entire term
First National Prime Rate: 2.45

Open term mortgage

6 month fixed term 7.30

Not familiar with these mortgage terms? Visit our glossary here.

Rates are for single-family residential mortgages.

Actual rates may vary. Please contact First National at 416.593.1100 or toll-free at 1.888.670.2111 or email a Mortgage Specialist for further information.

Rates are subject to change without notice.
E. & O. E.

 

 

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