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A new home is the largest purchase most
people will ever
make.
Having payment options and the guidance of a real estate professional
makes the process that much easier. Sutton is now proud to offer
a total of 8 unique and competitive mortgages. These exclusive
Sutton-branded mortgages are unique in the industry. Using Sutton's
impressive presence in the real estate market, we've been able to
create mortgage products with excellent rates and terms.
Sutton
7 Year |
Sutton
Versatile |
Sutton
Rate Buster |
7
Year Closed Term offered at everyday low Sutton Mortgage
prices! |
5
Year Variable Open - Rate based on mortgage prime minus
a rate discount |
Rate
Discount off of currently posted CIBC 5-year closed
mortgages for the first year. Currently, off posted rates for
the next 4 years |
- Multiple
payment frequencies
-
Up to 100% Loan to Value Ratio for qualified buyers
- Prepayment privileges
- Increase payment option
- Portability: Yes |
- Early
Payment permitted at any time with no penalty
-
Up to 95% Loan to Value Ratio
- Multiple payment frequencies
- Prepayment privileges
- Flexibility - Convert to long term at any time with no penalty |
- 5-year
Fixed Term
-
Choice of payment frequency
- Prepayment 15% per year
- Portability: Yes
- Assumability: Yes |
Sutton Versatile Mortgage
Receive incredible savings at a time when interest rates are low.
The Sutton Versatile Mortgage will provide discounted rates at CIBC
Prime minus a rate discount for the entire duration of your mortgage
term. This mortgage spells flexibility and versatility.
The Sutton Lower-than-Prime (Variable Rate Mortgage)
Receive deep discounts throughout your mortgage term. During the first
3 months ofyour mortgage, you will receive a discount below CIBC
Prime on your 5-year term. You'll go on to enjoy great savings for
the remainder of your term as your interest rate will remain at below
CIBC Prime.
Sutton Rate Buster (5-year term)
Easy affordability. In year one, you will benefit from a rate below
the current CIBC posted rate and below the CIBC posted rate for the
balance of the term.
Sutton Fee $aver
Cash savings! Enjoy a 5-year closed term that provides you with 2.5%
cash back at closing, plus you'll receive $800 to help cover the
cost of legal fees. Saving you cash when you need it most!
Sutton 710 (10-year term)
Delivers a competitive interest rate guaranteed not to change for
10 years. Plus, you'll receive cash back equal to your first 7 months
principal and interest payments.
The Sutton 5-Year Fixed
The Sutton 5-year offers you the stability of a fixed mortgage rate
at every day low pricing plus 1% cash back at a time when cash is
most important.
The Sutton Five Star
You will receive a Five Star Mortgage with a competitive interest
rate guaranteed not to change for 6 years. Plus, you'll receive cash
back equivalent to your first 5 months principal and interest payments.
Sutton's Every Day Low Price
Offers an every day low price with aninterest rate that is guaranteed
not to changefor the term you choose. Choose a term for 3, 7, 10,
15, 18, or 25 years.
All terms and conditions
are subject to change and withdrawal without notice. For more details
please contact your Sutton Sales Associate or your local Sutton office.
*Sutton Mortgages are provided by CIBC
Mortgages Inc. |
