XCEED Launches New Super PRIME Mortgage Product for Customers with Great Credit

TORONTO, July 11, 2012 /CNW/ - XCEED Mortgage Corporation [TSX: XMC], a Canadian provider of residential mortgages, announced the launch of the new Super PRIME Mortgage. Super PRIME is an opportunity to save with low interest rates for customers who show a history of responsible credit management.

Product Description
XCEED Super PRIME is a fully-featured, five-year mortgage solution for customers with exemplary credit history that is competitively priced at XCEED Posted less 25 BPS.

Customer Profile
PRIME customers are fully-salaried or BFS Qualified and boast stellar credit histories.

Product Details

  • Purchase and refinance
  • Available for 5-year mortgage terms only
  • Minimum Beacon Score of 740 (all applicants)
  • 90-day rate hold
  • Maximum loan-to-value 90% purchase; 80% refinance (CMHC premium will be charged on refinance deals)
  • 20/20 prepayment privileges
  • Fully-salaried or BFS Qualified customers only
  • Down payment from customer's own resources only for purchase transactions
  • Monthly, bi-weekly, weekly, accelerated bi-weekly and accelerated weekly payment frequencies

XCEED Super PRIME rewards high credit ratings with low interest rates!

About XCEED Mortgage

XCEED Mortgage Corporation, based in Toronto, is a Canadian provider of residential mortgages that it originates in Canada.  The Company has approximately $0.9 billion of mortgages under administration.  XCEED's shares are traded on the Toronto Stock Exchange [TSX: XMC]. To find out more about XCEED Mortgage Corporation, visit www.xceedmortgage.com.

SOURCE Xceed Mortgage Corporation

For further information:

Visit www.xceedmortgage.com or contact:

Gleb Ioussoufovitch, Director Sales and Marketing
XCEED Mortgage Corporation
gioussoufovitch@xceedmortgage.com
(888) 811-6660 extension 3243

Profil de l'entreprise

Xceed Mortgage Corporation

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.