A SOLID FOUNDATION
When it comes to mortgages, one size definitely does not fit all. Everyone has their own unique needs. That’s why an Hbc Mortgage2 offers a wide range of options to suit a customer’s diverse needs. Whether you’re looking to purchase your first home, need to refinance or want to use your existing home’s equity to renovate or pursue other dreams, there’s an Hbc Mortgage that could fit3.
A TRADITION OF TRUST
When you choose an Hbc Mortgage, you are entering into a solid partnership based on a tradition of trust. The Hbc Mortgage, powered by GE Money in Canada, is a recent addition to a long line of quality products offered to Canadians for generations. GE Money is a leading global provider of financial services to consumers and retailers in 50 countries around the world.
WHAT'S YOUR TYPE?
Choosing the right Hbc Mortgage is easy if you know what you’re looking for. Before you embark on the application process, get to know your options:
Standard Fixed Terms
Fixed rate = peace of mind. It’s the perfect option if you enjoy the security of knowing your interest and payment amounts will not change. Available in 3-, 4-, 5-, 6-, 7- and 10-year terms.
5-Year No-Frills
The best 5-year fixed-rate Hbc Mortgage product, and get the satisfaction of knowing your interest rate will not change.
Prime Adjustable-Rate Mortgage
Prime less 0.95%. Great rate today, no negotiation required! Keep in mind that your payments will fluctuate as the prime rate rises or falls.
Bankers Acceptance Adjustable-Rate Mortgage
Here’s a great choice if you want to access a low, variable-rate product today. Be prepared for some rate changes as it is tied to the wholesale money market.
UNDERSTANDING MORTGAGES
Fixed vs. Variable?
Fixed-rate mortgages are secure and stable. They range in length from 3 to 10 years and guarantee a fixed monthly payment at an agreed-upon interest rate, regardless of market fluctuations. Variable—or adjustable-rate mortgages typically have lower interest rates but rise and fall according to the market, so your monthly payments may vary from month to month.
Short vs. Long?
These relate to the length of your mortgage term, which can be anywhere from 3 to 10 years. Choose a shorter-term mortgage if you think mortgage rates will drop in the near future and you do not want to lock yourself into a long-term. Choose a longer-term mortgage if you’re happy with the current rates and want the security for your future financial planning.
SPECIAL OFFER! 500,000 BONUS Hbc REWARDS POINTS4
Plus, continue to earn valuable Hbc Rewards points throughout the life of your mortgage without sacrificing rates. And when you’re ready, redeem your points for everything you need to turn your home into your home sweet home5. Call 1-877-818-3834 or visit hbc.com/mortgage today for details. Bonus offer ends June 30, 2007. Quote offer code Hbc003.
- Some conditions apply. Please see www.hbc.com/mortgage for details.
- The Hbc Mortgage is offered by GE Money in Canada. Not available in Saskatchewan, Northwest Territories, Yukon or Nunavut.
- Some restrictions apply. Please call GE Money at 1-877-818-3834 for further details. Hbc and Hbc Rewards are trade-marks of Hudson's Bay Company, used under license.
- Bonus points are earned on a minimum $50,000 mortgage, funded by June 30, 2007.
- Some restrictions and conditions apply. Offer subject to change or cancellation without notice.
Hbc Rewards is a program owned and operated by the Hudson's Bay Company ("Hbc"). See Hbc Rewards terms and conditions in the current Hbc Rewards Catalogue or at www.hbc.com/rewards for details.
