Search DMC Accrued Interest Amortization Amortization Period Amortization Schedule Appraised Value Assets Assignment of Mortgage Assumption of Mortgage Blanket Mortgage Blended Mortgage Blended Payments Bridge Financing Carrying Costs Closed Mortgage Closing Date CMHC Co-operative Co-ownership Collateral Mortgage Commitment Commitment Fee Compound Interest Condominium Contract Conventional Mortgage Convertible Mortgage Debt Service Deed Default Demand Note Deposit Discharge of Mortgage Down Payment Effective Interest Rate Equity First Mortgage Fixed-Rate Mortgage Floating Rate of Interest Foreclosure Freehold Gross Debt Service Ratio (GDS) Gross Income Guarantor High Ratio Mortgage Holdback Leasehold Leasehold Mortgage Lending Value Letter of Intent Liabilities Lien Line of Credit Loan Coverage Loan Fee Loan to Value Ratio Maturity Date Mortgage Mortgage Insurance Premium Mortgage Life Insurance Mortgagee Mortgagor National Housing Act (NHA) Loan Net Rate of Interest Nominal Rate Offer to Purchase Open Mortgage P.I. P.I.T. P.I.T.H. Penalty Portable Mortgage Power of Sale Pre-Approved Mortgage Pre-Authorized Payment (PAP) Prepayment Charge Prepayment Options Prime Rate Principle Priority of Mortgages Promissory Note Rate (Interest) Redemption Refinance Renegotiate Renewal Agreement Reserve Fund Roll-Over Mortgage Second Mortgage Security Shelter Payment Ratio Survey Tenancy in Common Term of Loan Total Debt Service Ratio (TDS) Transfer Transfer of Charge Underwriter (Mortgage) Variable Interest Mortgage Bank Rates Term Our Rates 3.90% 1 3.39% 4.05% 2 3.59% 4.85% 3 3.75% 5.59% 4 4.34% 6.10% 5 4.09% 6.70% 7 5.80 % 6.80% 10 5.80 % Posted: 7/6/2010, OAC Take advantage of the lowest interest rates in 30 years! Learn More

First Time Home Buyers | Mortgage Renewals & Transfers | Debt Consolidation & Refinancing | No Money Down Mortgage Mortgages for Self-Employed Individuals | Commercial Mortgages | Variable Rate Mortgages | Private Mortgage Financing   First Time Home Buyers There are a number of things to keep in mind when buying your first home. Let Discount Mortgage Canada help you through the process! 1. Get Pre-Approved 2. Find a REALTOR 3. Negotiate the Best Deal for that particular home 4. Turning the Pre-approval into a Firm Deal 5. Meeting all of the conditions and waiving of conditions 6. Closing the Deal Downloadable Guides Discount Mortgage Canada's First Time Home Buyer's Guide (.PDF Version) You will need the Adobe Reader to view this file. You can get a free copy by clicking on the Adobe Reader icon below:

Home | Mortgages | Online Mortgage Application | Find An Agent | Find A Realtor | Careers | About Us | Contact Us | Agent Login | Privacy Policy © 2007 Discount Mortgage Canada, Inc. All rights reserved. All designated trademarks and brands are the property of their respective owners.