PRIME AAA XTRAGREEN 3 and 5 Year
- Standard terms mortgage solution with basic requirements. Competitively priced at XCEED Posted.
- No extra conditions.
- XCEED donates $25 to Evergreen Canada for every AAA XTRAGREEN closed
- 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). Rate premium of 50 BPS applies unless bankruptcy or CP purged from applicant’s credit bureau.
- Purchase and refinance
- All applicants have a minimum Beacon score of 620
- 120-day rate hold
- No minimum square footage requirements
- No job tenure requirements. (NOTE: Applicants must meet the insurer’s documentation guidelines. Applicants cannot be on probation.)
- Previous foreclosures not allowed