Organization
From employee retention & recruitment to providing increased member value, the benefits of implementing a Group Mortgage Plan are significant.
Any type of organization can participate - corporations, associations, unions and non-profit.
All groups would have access to weekly rate bulletins, brochures, product summaries, and custom group mortgage web sites.
Charitable organizations may be offered a rebate based on the volume of business generated
Affinity Plan
Our Affinity Plan is available at no cost or administration to your organization, and available to all employees/members of your organization, including all full-time, part-time and contract staff
Employees / Members benefit with a wide range of mortgage products and options including:
Selecting from over 300 Canada's best lenders
rates below the posted rates (between 1.00% to 1.25%), including rates below Prime
cash-back option � up to 5%
Waived fees
Line of credit
Increased prepayment privilege
Plus the added convenience of accessing all options through Group Mortgage's dedicated call centre.
Organizations benefit with a high-value, zero cost program, that can be implemented as part of an existing benefit package or stand-alone. All marketing materials are provided, printed or electronic, fully customized to each organization's needs.
Homebuyer Benefits
Lower monthly mortgage payments
Guaranteed lower interest rates, including rates below Bank Prime
Canada's best lenders - a choice of over 300 products
Waived Fees - guaranteed $200 toward appraisal or transfer legal cost
Cash up front - up to 5% vs. market standard of 3%
Dedicated, professional mortgage service & advice
Superior Payment Privileges
Organizational Benefits
Retain and recruit valuable employees and members
No costs
Marketing and promotion support
Guaranteed preferred mortgage rates, fees, and options for employees / members
A dedicated team of professionals to help design and implement the program that meets corporate objectives
Increased employee satisfaction through an enhanced benefits package and higher disposable income
No risk to organization: all mortgages are held by recognized Financial Institution
Product
Guaranteed discounts on all open and closed terms, including rate below Bank Prime closed
Up to 4% - use however you like, including legal or closing costs, RRSP, RESP or a mortgage prepayment
Take advantage of the freedom to pay down your mortgage faster, without penalty
Superior pre-payment privilege of 20% & increased payment privileges of up to 100%
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