Benchmark Lending is the interest rate the banks pay when they borrow money. That’s right; your bank borrows money, too. They must have a certain amount of money on reserve, and when they don’t they borrow money over a very short term (such as one night).
Subscribe to the blog to stay up-to-date with Benchmark Lending deals, announcements, coupons or other news.
Benchmark Lending is a full service mortgage broker dedicated to finding the best mortgage loan program and mortgage rate for you.So the floor isn’t the lowest you can go. There’s something under the “floor”. The rate known as “prime” has been the popular benchmark for lending in Canada.
This is primarily designed to help people recover from predatory lending. Whether you have been victimized by predatory lending or just here to acquire more information about lending then this site is for you.
All about benchmark lending
Benchmark Lending is the interest rate the banks pay when they borrow money. That’s right; your bank borrows money, too. They must have a certain amount of money on reserve, and when they don’t they borrow money over a very short term (such as one night).
Subscribe to the blog to stay up-to-date with Benchmark Lending deals, announcements, coupons or other news.
Benchmark Lending is a full service mortgage broker dedicated to finding the best mortgage loan program and mortgage rate for you.
So the floor isn’t the lowest you can go. There’s something under the “floor”. The rate known as “prime” has been the popular benchmark for lending in Canada.
This is primarily designed to help people recover from predatory lending. Whether you have been victimized by predatory lending or just here to acquire more information about lending then this site is for you.