PRIME AAA XTRAGREENTM 3 and 5 Year

PRODUCT DESCRIPTION

  • Fully-featured insured fixed rate loan
  • XCEED donates $25 to Evergreen Canada for every AAA XTRAGREENTM closed.

CUSTOMER PROFILE

  • All applicants must have Established Credit: Minimum 12 months reporting on a credit bureau, and minimum $1,500 limit (over a maximum of three trade lines).
  • Ex-bankrupts/Consumer Proposals (CP): Minimum two-years discharged and re-established credit of one-year minimum with minimum $2,500 limit (over a maximum of three trade lines).

PRODUCT DETAILS

  • Purchase only
  • All applicants have a minimum Beacon score of 660
  • 120-day rate hold
  • XCEED does not charge insurer premium on conventional loans with LTV 80% or less provided applicant has 660+ Beacon score and subject property is owner-occupied
  • Job tenure requirements:  Applicants must meet the insurer’s documentation guidelines. Applicants cannot be on probation.
  • Previous foreclosures not allowed

Call an XCEED Mortgage Agent or apply online today!