Borrowing
Effective Date - 21-July-2010
| Mortgage Rates |
|
Mortgage Term Period
|
Conventional 1st Mortgage Rate
|
Conventional 2nd Mortgage Rate
|
Commercial 1st Mortgage Rate
|
Commercial 2nd Mortgage Rate
|
|
6 Month Closed
|
4.850%
|
n/a
|
n/a
|
n/a
|
| 1-Year Open |
6.750%
|
8.250%
|
8.500
|
10.000
|
| 1-Year Closed |
4.500%
|
6.000%
|
6.000
|
7.500
|
| 2-Year Closed |
4.500%
|
n/a
|
7.250
|
n/a
|
| 3-Year Closed |
4.850%
|
na
|
7.250
|
n/a
|
| 4-Year Closed |
5.540%
|
n/a
|
7.250
|
n/a
|
| 5-Year Closed |
5.890%
|
n/a
|
7.600
|
n/a
|
| Other Loans |
|
Type
|
Consumer
|
Commercial
|
|
Khalsa Prime Rate
|
2.75%
|
2.75%
|
| 1 Year Open Variable Mortgage |
Prime + 2.50%
|
n/a
|
| 3 Year Variable Penalty Mortgage |
Prime + 2.15%
|
n/a
|
| 5 Year Variable Penalty Mortgage |
Prime + 2.25%
|
n/a
|
|
Construction loans (6 month open) Fee - 1%
|
|
Prime + 3.00%
|
|
Car Loans
|
|
Prime + 3.50%
|
|
Lines of Credit-Unsecured
|
|
Prime + 4.00%
|
|
Loans secured by Term deposit
|
|
Prime + 2.50%
|
|
Line of Credit - secured by 1st Mtg
|
|
Prime + 3.00%
|
|
Line of Credit - secured by 2nd Mtg
|
|
Prime + 4.00%
|
***** All rates are subject to change without any notice
|