Prime Mortgage Loans

Prime mortgage loans are simply every mortgage not classified as a subprime mortgage.

Also known as mainstream mortgage, these loans are available to people with clean credit history and proof of prior good debt repayment.

It is debated by some lenders whether a Self-Certify mortgage is classified as Prime or Subprime and does vary from lender to lender. The reality is it really doesn’t matter. If you don’t qualify for a Prime Mortgage then you fall into Subprime mortgage category. This will simply be reflected in the interest rate that you are charged and the lenders available to you

Use the mortgage calculators available to assess your mortgage needs and use the comparison hints to find the best deal available to you.

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