KING CAPITAL
MORTGAGE TERMS
MORTGAGE TERMS
- From 3, 6, 9 and 12 months
- Longer terms may be available on a case by case basis
- Mortgage Renewal option available
FEES
- Lender Fees starting at 1 .50%
PREPAYMENT PRIVILEGES
- Open and closed terms
INCOME VERIFICATION
- Most recent Notice of Assessment (NOA) may be required to confirm no taxes owing
- Further income documentation may be required
APPRAISALS
- Appraisals required. King Capital may accept NAS appraisals
- MPAC assessments may be accepted in place of an appraisal, depending on low LTV
CREDIT BUREAU
- Credit bureaus required for all borrowers
- No minimum beacon scores
APPROVED SOLICITORS
- King Capital Approved List - exceptions may be considered
FUNDING
- 2-5 Business Days
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