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Choosing a mortgage is as important as choosing the home! We at Advance Savings Credit Union can show owners the financial options available and help them choose the best mortgage to suit their budget, lifestyle and general needs.

Features:

  • Flexible repayment term 
  • Renewal terms of 1 year to 5 years
  • Choice of Closed/Open Mortgage/ Line of Credit Mortgage
  • If you use all of Advance Savings' flexible payment options to their fullest, you could prepay as much as 25% of your outstanding mortgage balance every 12 month period, plus up to double your regular monthly mortgage payment whether weekly, biweekly, or montly plus make a principal payment at renewal time for any amount you wish
  • Property taxes will be collected and paid each year by Advance Savings Credit Union on behalf of the owner.

 

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