It is as though every author and publisher is rushing to take advantage of the new prime lending program. (madgeniusclub.com)
The draws are set at interest only payments based on prime lending rate plus 1 % typically. (mybcmortgage.ca)
They also stated they don't go by interest from prime lending rate last also don't and won't ever provide amortization on any loans don't know how. (hsh.com)