Mortgages and Mortgage Loans

• Provides flexibility and customization to match seasonal cash flow

• Provides payment flexibility tied to seasonal cash flow
• Offers fixed or variable interest rates
• Offers prepayment privileges

Flexible, long-term financing to buy farmland, fund improvements or make purchases secured using land equity.

• Offers fixed or variable interest rates with options to fix at any time
• Provides payment terms to match seasonal cash flow
• Offers generous prepayment privileges
• Gives options to include your Scotia Farm Mortgage Loan under Scotia Flex for agriculture

• Scotia Farm Legacy Mortgages are term obligations secured by farm real estate and payable according to a regular schedule
• Transfer farm to family
• Offers flexible long-term financing to buy farmland, make improvements, or restructure existing loans
• Offers fixed or variable interest rate with the option to fix at any time
• Provides payment terms to match seasonal cash flow
• Terms of 1 to 5 and 7 and 10 years
• Ability to gift equity in the farm to family as downpayment
• Offers annual prepayment privileges up to 15% of the principal
• The seller is allowed to provide a vendor take-back for financing the buyer in the transition
• Down payment minimum of 10% of the value of the farm property
• Pricing for Scotia Farm Legacy Mortgages is determined by the amount of the credit request, security provided, and your credit history
• Interest-only payments may be permitted for up to 5 years on both the mortgage and vendor take-back loan (some performance qualifiers apply)