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MRS MORTGAGES

 
Introduction

What Does MRS Offer You?

Outstanding Interest Rates

  • Price leading interest rates that are offered to you up front without the pressure of negotiation; and
  • Rate guarantees are for up to 120 days

Wide Range of Terms

  • 6 month open, closed and convertible
  • 1 to 5 year fixed rates

Competitive Features

  • 15 & 15 pre-payment privileges
  • full choice of payment frequency - monthly, semi-monthly, bi-weekly, weekly

How Does The Program Work?

2 Easy Steps:

Step 1:
Get in touch with an MRS Mortgage Servicing Representative.

  • Call MRS at our toll free number (1-888-677-5363)
  • Download our mortgage application (PDF). Once you have it complete you may then forward it to us for processing. OR
  • Have your advisor call MRS to inform us of when you would like MRS to call you.

Step 2:
MRS takes your mortgage application over the telephone. After the mortgage application is approved, MRS:

  • Couriers a commitment to you;
  • Arranges for the property appraisal;
  • Provides mortgage instructions to your solicitor; and
  • Funds the mortgage (to you) via the solicitor upon completion of all documentation.

* Using borrowed money to finance the purchase of securities involves greater risk than a purchase using cash resources only. If you borrow money to purchase securities, your responsibility to repay the mortgage as required by its terms remains the same even if the value of the securities purchased declines.