Today's Prime Rate: 2.25%
Closed Variable: Prime - .30
Open Variable: Prime + .80%
TermOur Rate
6 Month Closed4.60%
1 Year Closed2.30%
2 Year Closed2.90%
3 Year Closed3.25%
4 Year Closed3.69%
5 Year Closed3.69%
6 Year Closed4.69%
7 Year Closed4.95%
10 Year Closed5.20%





"Two years ago when I decided to sell a mobile home to upgrade to a house, the banks wouldn't look at me because of a single income. I found Dan's web site and called him and within 10 minutes I knew what kind of house I could look for. Recently, I refinanced my mortgage and Dan made everything so simple, it was very easy going. Thanks Dan you made my life so much easier."

Donny H.
Fort McMurray, AB
Mortgage Life Insurance

At Canada Mortgage Choice, we offer Mortgage Life Insurance through:


Mortgage Protection Plan


Everyone that applies will be approved as long as you are between the ages of 18 and 65!

 

Mortgage life insurance should not be overlooked. At Absolute Mortgage we offer mortgage life insurance to all of our clients when we provide mortgages. We highly recommend adequate protection for your mortgage. We provide the best mortgage protection plan possible. You get low monthly premiums and the premiums never go up. Guaranteed!!!


The information and statistics below are from Mortgage Protection Plan (MPP)


Don't leave your mortgage to your family.


Too often, we hear from homeowners who don't realize the importance of protecting their mortgage, until they're faced with the loss or disability of their partner...and suddenly wonder if they're going to lose their home, too. Dan Grants idea


Please don't put yourself or those who depend on you in this position. There is still time to apply for Mortgage Protection Plan at the group premium rates available through the plan - a small price to pay for the peace of mind knowing that your share of the mortgage payments would be taken care of for up to a full year in the event you become disabled, or that your mortgage balance would be paid off, in the event of your death.


Thinking you'll add protection later on? Of the 90,000 Canadians insured under Mortgage Protection Plan, 50% of all claims have occurred within the first two years of the mortgage.


Too young to need insurance? 1 in every 7 claimants is age 30 or younger - and the average age of all Mortgage Protection Plan claimants is only 43!I copied this from Dan Grant


It's never too soon to make sure you're properly protected.

 

 

Here are the top ten reasons to make MPP a priority with your Absolute Mortgage.

 

  1. We say YES - MPP is the first mortgage protection provider to offer some form of protection to everyone who submits a life insurance application, regardless of your health. As long as you are between the ages of 18 and 65, you will never be declined.
  2. And we say it right away - Not only that, but coverage will start the minute you complete an application. You can walk out of Canada Mortgage Choice's office, with MPP's rock-solid assurance that you are already protected. You just have to pay the first premium when it is due.
  3. Your good health still matters to MPP - Saying "Yes" to everyone doesn't mean that MPP doesn't take your health into account. If you have some health problems, you may pay a little more, or your coverage may have some extra exclusions. For example, it's possible that your life insurance may only provide against accidental death. Before adjusting your premium on your coverage, MPP will discuss it with you over the phone within a few days of receiving your application. MPP will tell you right then and there what's going to happen next, and MPP will never make you fill out any long complicated forms.
  4. Competitive Premium Rates - MPP's rates compare favourably with both the major banks' mortgage plans AND with term insurance. Keep in mind that MPP premiums do not automatically increase with age like a lot of term products do.
  5. Disability Coverage That's Better Than Ever - MPP's total disability protection is still one of the most affordable choices, but now the benefit amount floats to match your mortgage interest rate - no matter how high it goes. And, unlike some others, MPP won't charge you more when interest rates change and your mortgage payment goes up. In addition, these benefits do not have to be reported as income to either CPP or your private disability insurer and are not subject to income taxes.
  6. More premium collection options for your convenience - You can choose to have your monthly premium collected from any bank account at any Canadian financial institution, or from any VISA or Mastercard account.
  7. 60-Day Money Back Guarantee - You can choose MPP today and change your mind at any time within the first 60 days. If you decide to cancel, MPP will refund all the premiums you paid during that time. Feel free to shop around... but don't leave your mortgage unprotected in the meantime.
  8. Fully Portable Coverage with Prior Coverage Recognition - You can transfer your mortgage whenever, wherever you like, without any fear of losing your MPP protection. Even if additional funds are advanced, only the "topped up" portion will be priced at your current age. The amount of life coverage you already have will remain untouched, and can't be taken away no matter what your current health situation may be.
  9. Unlimited Bridge Benefits that are Unmatched - MPP will start taking care of the mortgage payments as soon as a completed life insurance claim form comes in, and will keep making the payments for as long as it takes to receive all the documentation and reach a final decision.
  10. Underwritten by Manulife - A trusted name and industry leader.