Uninsured Mortgages

You’re more than a number.

Uninsured Series Mortgage Solutions

Alternate mortgage solutions for Canadians who want more.

You’ve changed. You’ve grown. You want a mortgage that fits your present and your future. If you would like to buy a new home or investment property, consolidate debt or refinance for a better interest rate, you’ve got more choices than you might think.

Now, discover your best mortgage.

The XMC Uninsured series of mortgage solutions is built for Canadians who understand – and embrace – the changes that have brought us here, to this place of opportunity and change. You require more from a mortgage lender than traditional banks and lenders are able to offer.

Let’s move forward together.

Discover Purchase and Refinance Mortgage Solutions offering up to 80% financing to clients who want to purchase a new property or refinance the one they already love.

We lend in more places across Canada to clients with credit challenges.

Payments

Returned Payments	$153.00
Holding a Payment/ Delaying PAC	$90.00
Payment Frequency change (mid-term)	$90.00
Due Date change (mid-term)	$90.00
Amortization Period change (mid-term & excluding privilege payments)	$90.00

Discharges

All provinces (excluding MB, BC, ON, AB and QC)	$380.00
Land Registration Fee - ON	$77.62
Manitoba (MB)	$235.00
British Columbia (BC)	$75.00
Ontario (ON)	$380.00
Alberta (AB) and Quebec (QC)	$0.00
Second Request for Discharge Documentation (if misplaced)	$85.00 per hour
Discharge Reproduction - ON & QC	$25.00
Discharge Reproduction - all other provinces - NOT ON & QC	$100.00

Assignment/Transfers

All provinces (excluding NL, NS, PE and QC) (AB*)	$380.00
Newfoundland (NL)	$50.00
Nova Scotia (NS)	$25.00
Prince Edward Island (PE)	$25.00
Quebec (QC)	$0.00
*Alberta – a fee can only be charged if Transfer docs have been requested (Otherwise, it’s a discharge and no fee applies)	$380.00

Partial Discharge

All provinces excluding Quebec

$250.00

Assumptions and Release of Covenant

Release of Covenant	$350.00
Qualified Assumptions (All provinces except Alberta)	$450.00

Taxes

Payment of Tax Arrears	$150.00 & up
Payment of Utility Arrears	$50.00 & up
Tax Account breakdown statement	$75.00 per hour
Tax administration fee from municipality (if applicable)	Fee varies per Municipality
Tax Portion Cancelation	$75.00

Legal Action

Default Administration	$350.00
Bankruptcy/Consumer Proposal Administration	$300.00 & up
Payment of Condo Fees	$150.00 & up

Miscellaneous

Reprint of Annual Statement	$75.00
Request for copy of materials from file (if authorized)	$25.00
Fire/water damage insurance claims inspection	Fee varies
Impairment Insurance	$400 every 3 months
Occupancy checks	Fee varies