One-year home warranty plan [restrictions apply; N/A in BC]
A "reasonable" IRD penalty based on discounted rates and not posted rates [like the major banks]
The Option 60 is available on both high- and low-ratio mortgages (as long as the mortgage meets CMHC guidelines).
First National offers this rate and product to all of its brokers with no status hurdles to meet. Other things being equal, lenders that provide good rates and service to all brokers without volume minimums deserve some extra support.
First National is Canada’s largest non-bank lender, and the third biggest lender in the broker channel (as of Filogix’s Q3 report).
Rob McLister, CMT
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