Abode Mortgage


Although Abode mortgage offers a couple of unique mortgage products, Abode mortgage may or may not be the ideal lender for you or your situation.

 

If you are interested in a Abode mortgage product or would like to compare other products to Abode mortgage rates, please call today or apply online.

 

Use our mortgage calculator to give you an idea of how much you can afford.



 

Self Employed Borrowers

 

Abode mortgage offers mortgages to small business and self employed borrowers with low documentation requirements.  Depending on the credit rating of the borrow, as little as a recent notice of assessment showing no taxes owing and 2 years of proof of business can obtain a mortgage loan up to 95% of the value of the home.

 


 

Rental Property Mortgages

 

Abode mortgage offers mortgages for a rental property with up to 4 units and at financing up to 95%.

 

For more information on how to purchase investment property, please see our rental property mortgage page.

 


 

Welcome to Canada Program for Permanent and Temporary Residents

 

Abode Mortgage offers mortgages up to 95% for those who have recently immigrated to Canada and those on temporary work permits.

 



Abode Mortgage Offers High TDS Ratios

 

Abode offers TDS ratios up to 44%.

 

TDS – Total Debt to Service ratio.  The amount of debt being serviced as a percent compared to the total income.




Other Abode Mortgage Products Available

 

  • High ratio mortgages – up to 95% loan to value
  • Land mortgage
  • Amortization up to 35 years




Abode Mortgage Terms Available

 

Fixed Rate: 3, 5 year
Variable Rate: n/a
Convertible: n/a
   
Closed: 3, 5 year fixed rate
Open: n/a




Abode Mortgage Payment Options

 

  • Weekly
  • Biweekly (accelerated)
  • Semi-monthly
  • Monthly