Rate Sheet
| Product |
|---|
| 55% LTV |
| 65% LTV |
| 70% LTV |
| 75% LTV |
| Broker Fee |
| Lender Fee |
| First Mortgages | ||
|---|---|---|
| Product | Mortgage | Line of Credit |
| 55% LTV | 6.95% | N/A |
| 65% LTV | 7.45% | P + 2.75%, min. 7.70% |
| 70% LTV | 7.70% | P + 3.00%, min. 7.95% |
| 75% LTV | 7.95% | P + 3.25%, min. 8.20% |
| Broker Fee | 1.00% | 1.25% |
| Lender Fee | 0.75% | 1.00% |
| Second Mortgages | ||
|---|---|---|
| Product | Mortgage | Line of Credit |
| N/A | N/A | |
| 65% LTV | 8.95% | P + 4.50%, min. 9.45% |
| 70% LTV | 9.95% | P + 5.50%, min. 10.45% |
| 75% LTV | 10.95% | P + 6.50%, min. 11.45% |
| Broker Fee | 1.50% | 2.00% |
| Lender Fee | 1.25% | 1.75% |
| Starting Rate |
|---|
| Max LTV |
| Fee |
| Commercial | |
|---|---|
| Starting Rate | P + 3.50%, min 8.45% |
| Max LTV | 65% |
| Fee | 3.00% split |
| Construction | |
|---|---|
| Starting Rate | P + 3.50%, min 8.45% |
| Max LTV | 65% |
| Fee | 3.00% split |
| Land | |
|---|---|
| Starting Rate | P + 4.50%, min 9.45% |
| Max LTV | 65% |
| Fee | 2.00% split |
All mortgage products have 12 month open terms with interest only payments.
P denotes BMO Prime | Effective March 13, 2025 BMO Prime = 4.95%
Rates are subject to change and may be withdrawn at any time without notice.
