Diversify your investments.

An investment property mortgage with competitive rates, an easier approval process, and a low downpayment. With as little as 15% down and good credit, you can get a mortgage without approval from a mortgage insurer.

• 3 & 5-year fixed rate; 5-year adjustable
• 75-day rate hold for fixed terms
• Maximum $575,000, with up to $775,000 for some major urban centres
• $50,000 minimum loan amount
• Up to 90% loan-to-value (plus lender fee)
• 20% prepayment and 20% increase in payment options every year
• Flexible payout & prepayment options
• For purchase, refinance, equity take out
• One time rate drop 7days prior to closing (if applicable)
• Stated income option

Full Product offering >

Contact a myNext Mortgage Planner today >