If clients are looking for high ratio financing but are opting for the discounted 5 year closed term, clients will qualify based on the fully discounted mortgage rate. (loanbox.ca)
These 97 percent loans come with discounted mortgage insurance premiums, fewer surcharges and flexible underwriting. (themortgagereports.com)
The primary purpose of buying discount mortgage points is to reduce your interest rate. (realtor.com)