Investment Property Program
Provides qualified borrowers with the opportunity to purchase an additional investment property with a minimum of 20% down.
Help Borrowers Build Equity as a Landlord
The Investment Property Program allows customers to start earning passive income by purchasing properties with 2-4 units.
Premium Rate:
| LTV Ratio | Premium Rate | Top-Up Premium |
|---|---|---|
| Up to 65% | 1.45% | 3.15% |
| 65.01% - 75% | 2.00% | 3.45% |
| 75.01% - 80% | 2.90% | 4.30% |
Eligible Products
- Purchase Plus Improvements Program
Eligibility
- Available for properties with 2-4 units
- Program can be applied to an existing property or a new construction
