Unlike the United States, Canada does not offer any 30-year fixed mortgages and the housing market in Canada is doing well in spite of the differences in financial systems. Home loans in Canada and interest rates especially at this company are consumer friendly.

The typical mortgage in Canada is a five-year mortgage amortized over 25 years. During this time the interest on the mortgage can go up or down. Canadian homeowners must refinance their mortgage after five years, and Canadians find that any notions of repayment of their mortgage come with a harsh penalty.

It is possible for homeowners to buy another home before the five years complete. Their old loan is applied to the new home. If the new home costs more than the owner must take out an additional loan and Canadian banks are not allowed to sell off loans to other mortgage lenders.

Just as in the United States, Canada, homeowners must shop around for the best interest rate, meeting their specific needs. Lower interest rates are not always the best option for some homeowners. Canada's low-interest rates are free of charge. The following represents some of the trending mortgage interest rates. We stand ready to help those with challenging credit ratings and are here to tell you that you will likely be approved through this company, but first you must apply.

Home loans in Canada and interest rates are from one to ten years fixed or variable interest rate loan. Interest rates vary widely depending on the type of loan, the length of the loan, and loan amount available run from $5,000 to $49,000. Repayments are set up weekly, bi-monthly, or monthly, depending on when your paydays fall.

If you have bad credit, your rate may be higher than the Canadian consumer with better credit. One thing is sure, we have no hidden fees, and our interest rates are competitive with other lenders.

We are very transparent, so you know what you are getting as you apply today for your loan. Know that you will have administrative fees along with your loan and any lender you go to has the same. Interest rates may vary from $30.00-$40.00 for a $1000 loan for three months.

In 30 minutes or less, you will have an answer to your financial crisis and in 48 hours you will have your money available. First, you must fill out your loan application online. No one here can do anything for you until you get us your loan application today. We answer all of your short-term or longer-term cash needs.