/ SPECIAL OFFERS /
FIXED RATE
/ WHY TRUMAN / SPECIAL OFFERS /
FIXED RATE
Your own home.
Closer than you think.
1.99%
FIXED RATE FOR YOUR FIRST 6 MONTHS*
Ask us how you could qualify for up to $100k more purchasing power on your new home.*
*1.99% fixed for the first six months, subject to approval. A new five-year MCAP term is then required at then-available rates; payments may increase. see complete terms below. Purchasing-power for illustration only, approval and results vary.
UNDERSTAND YOUR PURCHASING POWER
More options start with how you qualify.
Canada’s mortgage stress test generally requires banks to assess you at the higher of 5.25% or your offered mortgage rate plus two percentage points. This test rate is separate from the interest you pay. A lower qualifying rate could expand your purchasing power.
USED TO ASSESS YOUR APPLICATION
5.25%
Initial qualifying rate*
Fixed or variable mortgage options after the six-month introductory term. Separate from the interest charged on your mortgage.
UNDERSTAND YOUR PURCHASING POWER
What could more purchasing power look like?
$500k
Mortgage capacity at an assumed 7.25% test
$600k
Mortgage capacity at an assumed 5.25% test
Approximately $100k more borrowing capacity.
Illustration only. Your purchasing power and approval depend on your circumstances. Speak with a mortgage representative for complete details. See terms & conditions below.
EXPLORE ELIGIBLE PROPERTIES
Find your new home.
Book a Tour
Explore Myne
Duplex • Single Family Rangeview | S.E.
Rangeview Springs
from the $500’s
Townhome • Single Family Waterford | CH.
Waterford Estates
from the $500’s
GET STARTED
Questions about what you could qualify for?
Speak with a mortgage representative for a personal assessment and complete details.
PROGRAM TERMS AND DETAILS
Introductory rate and renewal: *1.99% fixed for the first six months. A new five-year MCAP term is then required at rates available at renewal; payments may rise. Non-renewal may incur a charge of 2% of the outstanding balance. Approval required.
Purchasing-power illustration: Purchasing-power example only. The approximately $1 00k increase compares $500k of mortgage capacity at an assumed 7.25% qualifying test with approximately $600k at 5.25%, over 25 years, using the same qualifying principal-and-interest allowance. Th comparison rate is not a typical bank-rate claim. Actual qualification depends on income, debts, credit, down payment, property costs, insurance and lender criteria. Figures are not a pre-approval, payment quote or cash incentive. Higher-priced homes may require more cash down and higher ongoing payments. Speak with a mortgage representative for a personal assessment and complete program details.
Prices and home options: From-price bands apply to selected homes and may change with availability. Confirm current prices, GST/rebate treatment, inclusions and program eligibility with Sales. Basement-suite options and costs vary by Huxley home and are not included unless confirmed Show home photography; features vary.
