
First Foundation is a mortgage brokerage in Western Canada, headquartered in Edmonton, Alberta, that represents many different Canadian Mortgage Lenders
Keep in mind that there are a variety of rates for a variety of different terms, such as fixed rates, variable and adjustable mortgage rates, HELOCs, reverse mortgages, and more.
Each mortgage rate is On Approved Credit (OAC) and subject to qualification. Typically, people with better credit qualify for better mortgage rates, but qualification can be based on a number of different factors, such as income amount, income type, down payment available, credit history, total debt load, property type, property location, and more.
Mortgage rates often come in terms of 1 year to 10 years, with most Canadians choosing 5 year terms. Amortization periods can vary from 5 to 30 years.