ING DIRECT unmortgage
ING DIRECT has coined their unmortage, “the mortgage for savers”.
Everyone that applies automatically gets the lowest rate (currently the rates are as low as 4.20%, which is about 1% lower than the big 5 banks). The unmortgage also offers flexible prepayment options such as lump sum payments, and the ability to increase your regular payments by up to 25% annually. As well, if you decide to move, your mortgage is portable and assumable.
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