RMG (Super Elite) Mortgage Rates

Mortgage Rates

1 Year

2.24%

2 Year

2.24%

3 Year

2.24%

4 Year

2.24%

5 Year Fixed

2.24%

5 Year ARM

Prime P-.35

3.95%

7 Year

N/A

10 Year

N/A

 

RMG is another financing firm which is a smart mortgage choice for borrowers who intend to take residential mortgages. RMG residential mortgages allow flexibility of 1-5-year term residential mortgages with fixed or variable rates. RMG mortgages also support most Canada Mortgage and Housing Corporation (CMHC), Canada Guaranty, and Genworth Canada programs.

Most popular mortgage features offered by RMG is the option wherein the borrowers can forgo some features of their respective plan for a low rate. When compared to mortgages from other banks, RMG also has a variety of different mortgage products, to cater to specific needs on a borrower. The payment frequency also can be chosen by the borrowers and payments can be made on a weekly, bi-weekly, semi-monthly, or monthly basis.

RMG mortgages also allow upfront lump sum payments which mean, that a borrower can pay up to an additional 20% of the original principal amount during each anniversary year of the mortgage without penalty or administration fee. RMG Super Elite Mortgage Rates are one of the lowest and best mortgage rates in Canada. RMG residential mortgage products are equivalent to some of the best products offered by popular banks in Canada.

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First Mortgage
First time mortgage doesn’t mean only the first home home that you buy. It can also mean the primary lien on the property you are planning to buy. It’s not about the level of home buying but the property itself. The term mortgage is a security for the lender.