Loan Examples
Whether it’s $5,000 or $500,000 – Prudent Mortgage Corp is Your Best Alternative to the Bank
Loan Examples*
Amount |
Interest Rate |
LTV |
APR |
|
|
$945,000 |
7.5% |
70% |
12.12
|
First/Second |
|
$289,000 |
7.75 |
45% |
10.9 |
First |
|
152,000 |
9.99 |
54% |
14.57 |
Second
|
|
|
|
|
|
|
|
Prudent Mortgage Corps’ intent is to always have full disclosure on all of our loan offerings. Borrowers are provided with all necessary disclosure prior to entering into any obligation. Our objective is to offer Ontario home owners an alternative to the banks and credit unions (not a replacement). Typically, you will find our rates to be higher than the banks; however, it has been noted, we are usually more efficient than the banks in getting you your money and may lend in situations where the banks (and other traditional lenders) will not. Once we have provided you with all necessary information, the decision will be left with you as to whether or not you wish to proceed with our offer. Thank you for your consideration. We look forward to the possibility of assisting you soon.
All of the above examples are for discussion purposes only. It is important the reader is aware that the examples may represent the lower priced range of our product offerings. Rates on our loans are subject to change and may vary (up or down) based on the equity you have in real estate, the condition / state / location of your real estate, your personal financial situation and the Ontario mortgage market. Once again, thank you for your consideration.

Loans approved often in less than 24 hours
PMC will help you with a personalized mortgage plan for the future to put you on the right track for better money management. And we’ll do our best to get you approval in less than one day so you have money to meet your needs and goals as soon as possible.
Our goal is to make the loan experience as simple as possible. We urge you to apply online or call our office and speak to a mortgage specialist. (416)634-2018 ext 260