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Explore our uDrive 1st Mortgage Rates.
uDrive 1st Mortgage Rates
Subject to approval and/or change without notice
1 year open term
0% lender fee option open after 6-months
up to 50% LTV
- 7.95% rate & 2% lender fee
- 8.95% rate & 1% lender fee
- 9.95% rate & 0% lender fee
up to 65% LTV
- 8.45% rate & 2% lender fee
- 9.45% rate & 1% lender fee
- 10.45% rate & 0% lender fee
up to 70% LTV
- 8.75% rate & 2% lender fee
- 9.75% rate & 1% lender fee
- 10.75% rate & 0% lender fee
up to 75% LTV
- 8.95% rate & 2% lender fee
- 9.95% rate & 1% lender fee
- 10.95% rate & 0% lender fee
Adjustments may be made based on use of funds, strength of borrower and location, type & condition of property
Rate Surcharges
- Acreages: +0.50%
- Non-resident borrowers: +0.50%
- Holding Companies: +0.25%
- Rural/small towns (pop <10k): +0.25%
General Terms
- $345 documentation fee
- Amortization, up to 35 years
- Interest only considered up to 70% LTV
- Renewals offered to borrowers in good standing, at our 0% Lender Fee rate at the time of renewal. Renewal fee 0.25% (min $250)
Underwriting Team: uDrive@threepointcapital.ca
Loren Hawkins, National Manager Broker Relations: loren@threepointcapital.ca