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BMO Spring Special!
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Markets are hot and so are our offers to help you build your business.

Low rates + high home prices = opportunity. 

 

Our Spring Special is twofold:

  1. Cash back up to $3,500* for purchase or switching a mortgage to BMO (ReadiLine excluded)
  2. Legal fee waiver** for switching a mortgage to BMO (must use Readiline) and lower rates!

Mortgage Rates Mar 1, 2021 (***subject to change without notice***)

Cashback on purchase, switch or refi 5yr (excludes Readiline) Mar 1 -June 30

 

1yr

2yr

3yr

4yr

5yr

5yr fixed

5yr

5yr VRM

Type /Yr

fixed

fixed

fixed

fixed

fixed

ReadiLine

variable

ReadiLine

Default Insured 25yr < 20% down

2.54%

2.20%

1.60%

1.77%

1.89%

n/a

1.33%

n/a

25yr amortization > 20% down

2.59%

2.30%

1.69%

1.89%

1.96%

1.86%

1.33%

1.28%

30yr amortization > 20% down

2.59%

2.40%

1.79%

1.99%

2.04%

1.94%

1.43%

1.38%

25yr am switch/refi from other FI

 

 

1.89%

1.96%

1.86%

1.33%

1.28%

30yr am switch/refi from other FI

 

 

1.99%

2.04%

1.94%

1.43%

1.38%

 

for rentals add 0.10%

Line of Credit (HELOC) in 1st

2.95% (P + 0.5%)

 

 

*Cash back tiers: (some conditions apply – see attached)

$100K-499K = $1,000

$500K-749K = $2,000

$750K-999K = $3,000

$1M+ = $3,500

 

** Legal fee waiver up to $1,250 (some conditions apply – see attached)

AttachmentSizeType
BMO 2021 Spring Switch Offer.pdf1.55 MBapplication/pdf
BMO 2021 Spring Cash Back.pdf1.52 MBapplication/pdf