Mortgage Intelligence is pleased to announce that in co-operation with Genworth Financial together with Canada's Premier Lending Institutions, the introduction of the 100% Mortgage Program, at fully discounted rates.

Similar programs are currently being offered at the Bank Posted Rates of up to 7.44%* where this new program clients can qualify for discount rates as much as 1.65% off posted rates.*

1.   Eligible Properties:

• New or existing properties
• Owner Occupied Primary residences
• Maximum 2 unit duplexes

2.   Maximum Loan to Value Ratio:

• 100% of the property lending value insured by Genworth Financial. Insurance premium can be capitalized into the mortgage.

3.   Acceptable Loan Purpose:

• Purchase Transactions only
• Purchase Plus & Insured Progress Advance

4.   Maximum Mortgage Amount

• Metro Toronto $700,000
• Rest of Ontario $600,000

5.   Amortization:

• Maximum 35 years (insurance premium surcharge will apply if amortization is greater than 25 years)

6.   Qualifying Rate:

• Product qualifies for fully discounted rates reducing the interest costs well below the traditional Posted Rate previously charged by the Banks.

 7.   Payment Frequencies:

• Monthly, weekly, bi-weekly or semi-monthly

8.   Prepayment Privileges:

• up to 20% + 20% Prepayment

9.  Mortgage Products Available:

• All fixed and variable rate mortgage products are available

10.   Borrower Qualifications:

• All applicants require a Beacon Score of 680 or better with a minimum 2 trade lines for a 2 year history for Genworth approval
• Borrower must have closing costs of 1.5% from the customers own resources, from provincial first time homebuyer, military, or other home purchase programs.
• Maximum GDS/TDS 32% / 40%

For more details on this and other programs available best suited to meet your specific financing requirements contact your OntarioMortgageTeam Professional today or on the web at www.OntarioMortgageTeam.com

*subject to purchaer property qualification and change without notice  05/9/2007

David Yeoman,  AMP
Accredited Mortgage Professional
Member of the Canadian Institute of Mortgage Brokers & Lenders

Mortgage Intelligence Inc.
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email:  yeoman@OntarioMortgageTeam.com