About ABODE Mortgages

Abode Mortgage Corporation (Abode) offers 3 and 5 year fixed term mortgages with amortizations up to 35 years. Abode offers flexible prepayment privileges that permit significant mortgage interest savings that can be used as part of a comprehensive financial plan for our customers.

Abode originates mortgage applications through an extensive network of mortgage brokers across the regions we serve. We work in true partnership with our high value brokers to ensure their customer receive world class service levels.   

All new Abode mortgage originations hold CMHC insurance. The majority of high ratio customers have the insurance premium capitalized to their mortgage balance. Mortgages with loan to values below 80% are also insured at the direction and cost of Abode. CMHC has a comprehensive suite of mortgage insurance options that permit Abode both the flexibility, and security to make sound, common sense lending decisions.

Abode complies with all product changes as communicated by the Government of Canada, Department of Finance as at October 15, 2008. Mortgage assets originated by Abode qualify for NHA securitization sale treatment via the Canadian Mortgage Bond Program or the MBS Program. You can learn more about CMHC by visiting their website at: http://www.cmhc-schl.gc.ca/en/