Products & rates
Every rate we publish.
Priced off the CORRA swap curve and repriced every business day. What you see here is what our underwriters price from. Every Fraction rate is fixed for the full term — the card moves daily, a committed deal never does.
Compare the selected deal with every published LTV and Beacon cell.
| LTV / Beacon | 750+ | 700–749 | 660–699 |
|---|---|---|---|
| 0% – 50% | 5.04% before premiumsno premium5.04% | 5.29% | 5.54% |
| 50.1% – 55% | 5.29% | 5.54% | 5.79% |
| 55.1% – 60% | 5.54% | 5.79% | 6.04% |
| 60.1% – 65% | 5.79% | 6.04% | 6.29%* |
Rate basis · 12 month CORRA at 2.536% plus each cell's spread. All-in rates are rounded up to the next 0.01 percentage point.
All-in rate on a 12 month interest only term, including every premium on this deal. Firm 55% TDS.
The basis
What we price off.
Fraction's rates are a spread over the CORRA swap curve. When the curve moves, our published rates move with it the next business morning — but only the published card. A committed deal is fixed for its full term, whatever CORRA does afterwards.
- 1-year CORRA2.539%12-month Interest Only & Jumbo
- 1.25-year CORRA2.604%18-month Interest Only & Jumbo
- 1.5-year CORRA2.670%2-year No Payment
- 2.5-year CORRA2.870%3-year No Payment
- 4-year CORRA3.008%5-year No Payment
Guidelines
The rules of the road.
- Position
- First
- Rate type
- Fixed for the full term
- Provinces
- British Columbia · Alberta · Ontario
- Maximum LTV at funding
- 65%
- Minimum Beacon
- 660
- TDS
- 55% maximum
- Occupancy
- Primary, non-primary, mixed use
- • Non-primary residence and mixed use are permitted subject to credit committee approval — send those in anyway. Exceptions may take an average of 3 business days.