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Variable
Rate Mortgages |
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Mortgage Rates
Mortgage Insurance
Special
Offers
Mortgage
FAQs
Mortgage
Glossary
Your
application status
Testimonials
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Become
mortgage-free faster with a flexible variable rate mortgage. The interest
rate of a variable rate mortgage fluctuates with Bank of Montreal prime
rate.
Click
Here for Self-employed Homeowner Mortgage options. |
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| 6-Year
Flexible
Below Prime Mortgage
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5-Year
Protected
Variable Rate |
3-Year
Open
Variable Rate Mortgage
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| Apply
Now |
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| Current
Mortgage Rates |
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| Calculators |
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Online
Mortgage Mate
Rent
vs. Own?
How
much can I afford?
Payment
Calculator
Mortgage
Insurance Calculator
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| Choose
this Mortgage if you... |
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- want one of the best rates available.
- believe rates will decline.
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- want the best of both worlds
- the flexibility of
a variable rate and the peace of mind of knowing there’s a maximum
rate.
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- want maximum flexibility.
are thinking of selling your home.
- wish to prepay more than 20%
of your mortgage amount.
- believe rates will decline.
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| Features: |
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- Interest rate is guaranteed to
be below prime.
- Special discount for the first
three months.
- Payments are generally fixed
for the term.
- During the first 3 years, lets
you convert to a fixed rate closed mortgage anytime without charge*.
- During the last three years offers
open mortgage prepayment privileges.
- "20+20"
Prepayment Privileges feature for first 3 years.
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- You are protected against the
rate rising above a predetermined maximum rate -- the "protected"
rate.
- Payments are based on the "protected"
rate and are fixed for the term.
- "20+20"
Prepayment Privileges.
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- Lets you prepay in full or in
part at any time with no prepayment charge.
- Lets you change to another term
at any time, without charge.
- Payments are generally fixed
for the term.
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