Planning to purchase a house or a property? With an Assumption Life mortgage loan, you can do this while taking advantage of attractive options.
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Get a mortgage loan (insured by Canada Mortgage and Housing Corporation) with a minimum down payment of 5%.
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Reimburse up to 10% of the original mortgage loan amount each year, without penalty.
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Increase your payments up to 100%, without penalty or administration fee (once a year).
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Get a mortgage loan on your existing property, using the funds for other needs.
Assumption Life mortgage loans are available in New Brunswick, Nova Scotia and Prince Edward Island.
Our representatives will be pleased to review your needs free of charge and help lead you through the mortgage maze. Call our Mortgage Loans Department at 1-800-785-7070.
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