We offer competitive mortgage interest rates, and a wide variety of terms and flexible payment options.
Learn about our products and lending guidelines
At Marathon, we deal in mortgages, and only mortgages. As a result, we are solely focused on giving our valued brokers and borrowers the most competitive rates and a variety of options that work best.
While those of us in the lending world call our mortgage options "products", you can just think of them as financial solutions.
Overview of products & lending guidelines.
Check out our Marathon Mortgage products and connect with us today to learn how we can help.
Adjustable rate mortgage (ARM)
Adjustable-rate mortgages (ARM) apply an interest rate on the outstanding balance which varies throughout the life of the loan. It can be less stable than a fixed rate mortgage because an adjustable-rate mortgage applies an initial interest rate that is fixed for a period of time.
It pays to transfer your mortgage to us! We will pay FCT (legal) fees and up to $300 reimbursement of appraisal fees. We can also capitalize up to $3000 for penalties and discharge fees.
Pay down your mortgage principal sooner by enjoying our prepayment options such as yearly lump sum payments.
Choose between monthly, weekly, bi-weekly, accelerated weekly & accelerated bi-weekly.
How long will you have your mortgage? Choose between 18-25 years for amortization periods.
All existing Marathon clients have the option to take their existing mortgage to another property. The original loan can be ported to a location anywhere in Canada where Marathon is licensed to lend.
Residential, single family dwellings, multi-unit (up to 4 units). Owner-occupied only. Interested in a rental unit that you live in? We have a mortgage for that!