EQUITIS MORTGAGE GROUP SERVICES
Rates & TermOptions
Fixed Mortagage Term
02
VariableMortagage Term
A variable rate mortgage often allows the borrower to take advantage of lower rates – the interest rate is calculated on an ongoing basis at a lenders’ prime rate minus or plus a set percentage. For example, if the current prime mortgage rate is 5.5 percent, the holder of a prime minus 0.5 percent mortgage would pay a 5.00 percent variable interest rate.
04
ClosedMortagage Term
There will be different prepayment privileges depending on the lender and the mortgage product. Sometimes there will be a prepayment penalty that must be factored in. In many cases though, the lender will have prepayment options or waive the penalties. Rates on a closed term will be lower that an open term.
Our MortgageServices
WhyEQUITIS?
Working with us means you will have our full support right from the start and throughout the life of your mortgage and beyond!
Superior Access
Access to hundreds of banks, lenders, and mortgage options to offer you the best solutions and rates!
Expert Advice
Our wealth of experience and knowledge means we will help you realize your financial and lifestyle goals.
Customer Satisfaction
Respect. Honesty. Trust. We take the initiative to help you get ahead and take advantage of the ever-changing market.
LIMITED Access
Your bank will only be able to offer your their products.
LIMITED Satisfaction
Your bank will send your renewal letter a few months before your term is up, ignoring the change in rates and options that happened throughout your term.
LIMITED Advice
Your bank will not go out of its way to find the best options. Their focus is to keep your business with them.
WE ARE PROUD OF OURSTATISTICAL RESULTS
Approval Rate
Clients Serviced on Average a Year
Clients
Serviced 2019
Billion in Mortgage Funding Secured Lifetime
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