Rates are one piece of the mortgage puzzle. Libro Coaches are ready to help you through decisions on down payments, reducing mortgage costs, refinancing and everything in between, so you and your family can focus on the important stuff.
Libro Prime Rate: 7.200%
All rates are subject to change without notice.
Deciding on the right mortgage can be difficult. Whatever the situation, a Libro Coach can help you choose a mortgage to fit your lifestyle needs
120-day rate guarantee. On approved credit for owner-occupied residential properties. Rate discounts may apply (excluding High-Ratio rates), talk to a Libro Coach today.
A High-Ratio mortgage allows a homeowner to make a down payment of less than 20% when buying a home, as long as the home costs less than $1,000,000. These mortgages are sometimes called Insured Mortgages because they need Mortgage Default Insurance, as required by the Government of Canada. Libro uses CMHC or Sagen for this insurance. Purchases of $500,000 or less require 5% minimum down payment. Purchases between $500, 000 - $999, 999 require 5% down on the first $500,000 and 10% on the remainder.
*Cash Back Mortgage full terms and conditions. View more information on our Cash Back Mortgage offer.