Fixed-Rate Closed Mortgages
Residential Beacon Score 680+ |
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| Term | Rate 1 | Commitment Fee | Finder's Fee | APR 2 | ||
| 1 Year | 5.19% | 1% | 50 bps | 6.97% | ||
| 2 Year | 4.99% | 1% | 60 bps | 5.88% | ||
| 3 Year | 4.99% | 1% | 90 bps | 5.58% | ||
| 3 Year | 5.34% | -- | 75bps | 5.60% | ||
Residential Beacon Score 650 - 679 |
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| Term | Rate 1 | Commitment Fee | Finder's Fee | APR 2 | ||
| 1 Year | 5.34% | 1% | 50 bps | 7.12% | ||
| 2 Year | 5.14% | 1% | 60 bps | 6.03% | ||
| 3 Year | 5.14% | 1% | 90 bps | 5.73% | ||
| 3 Year | 5.49% | -- | 75 bps | 5.75% | ||
Residential Beacon Score 580 - 649 |
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| Term | Rate 1 | Commitment Fee | Finder's Fee | APR 2 | ||
| 1 Year | 5.59% | 1% | 50 bps | 7.37% | ||
| 2 Year | 5.39% | 1% | 60 bps | 6.28% | ||
| 3 Year | 5.39% | 1% | 90 bps | 5.98% | ||
Residential Beacon Score < 580 |
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| Term | Rate 1 | Commitment Fee | Finder's Fee | APR 2 | ||
| 1 Year | 6.09% | 1% | 50 bps | 7.87% | ||
| 2 Year | 5.79% | 1% | 50 bps | 6.68% | ||
| 3 Year | 5.89% | 1% | 50 bps | 6.48% | ||
Rentals: + 0.25% to the posted rates
Understanding 'Fixed' and 'Closed'
- Fixed means that your client's interest rate, along with their principal and interest payments, will stay exactly the same during the mortgage term.
- Closed means that your client cannot pay down their mortgage more than their prepayment privilege without also paying a prepayment charge.
Terms and Conditions
1. Rates effective November 5, 2025, subject to change at any time without notice and cannot be combined with other offers.
2. The Annual Percentage Rate (APR) is the cost of borrowing, including interest and fees, expressed as a percentage. The APR is not the rate used to calculate your regular payments. The APR has been calculated based on a mortgage amount of $400,000 with an amortization period of 30 years, and assumes monthly payments, no lender fee, a property valuation fee of $600 and legal fees of $2,500. If there are no additional cost of borrowing charges, the APR will be equivalent to the stated interest rate. Should any additional fees apply, the APR may increase accordingly. The calculation further assumes that the interest rate remains fixed and does not fluctuate over the term of the mortgage.
2. The Annual Percentage Rate (APR) is the cost of borrowing, including interest and fees, expressed as a percentage. The APR is not the rate used to calculate your regular payments. The APR has been calculated based on a mortgage amount of $400,000 with an amortization period of 30 years, and assumes monthly payments, no lender fee, a property valuation fee of $600 and legal fees of $2,500. If there are no additional cost of borrowing charges, the APR will be equivalent to the stated interest rate. Should any additional fees apply, the APR may increase accordingly. The calculation further assumes that the interest rate remains fixed and does not fluctuate over the term of the mortgage.
