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A Variable Rate Mortgage is an excellent option for most borrowers wishing to reduce their interest costs. Today's VRMs are typically convertible to a Fixed Rate without a penalty. This feature allows for maximum interest savings and minimizes the risk from potential rate increases. APPLY » »

One of today's best Variable Rates is Prime Rate 4.75% Less .75% full discount for a 5 year Term (currently 4.00%). Initial "deep discounts" are also available if your plans include paying down a large portion of your mortgage in the first 3 to 12 months or if you plan to convert to a Fixed Rate at a certain time. A current example of an initial discount is Prime Rate 4.75% Less 2.51%, for the first 3 months (currently 2.24%), and Prime Rate Less .40% for the remainder of the Term.

Apply securely online or call us today toll free at 1.866.378.4622 to discover which Variable Rate Mortgage may best meet your needs.		  
   
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Tip:

VRM features and options can vary greatly. A borrower should consider more than the discounted rate for this type of mortgage. For example, the 'conversion rate' offered can be a significant factor for most borrowers. Call us today for more details about today's best VRMs.
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