1-10 Year Closed - Fixed Rate Mortgage
Eligible for a variety of MCAP loan programs so YOU get a mortgage suited to your particular needs.

Eligibility for MCAP loan programs will vary depending on the term selected.
Closed Fixed Rate Term | Pre-approval / Rate Hold |
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1–5 year |
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With a fixed interest rate mortgage payments are guaranteed not to change for the entire length of the term selected.
1-10 Year Closed Program Details | |
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Purpose |
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Property Type |
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Term | 1, 2, 3, 4, 5, 7, 10 year closed |
Rate Hold | 120 day rate hold period |
Loan Amount | $50,000 to $950,000 (Max $500,000 - 7 year and 10 year) MCAP - approved appraisal must be sent with application for loans with property values over $1 Million (refer to BDM for exceptions) |
Maximum (LTV)** |
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Amortization** |
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Payment Options | Monthly, semi-monthly, bi-weekly, weekly (accelerated) |
20% + 20% Prepayment Privilege |
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Early Payout |
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Other |
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**Some exceptions available for transfer ins. Subject to change without notice. |
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