Fixed-Rate Closed Mortgages as of May 13, 2026
Residential Beacon Score 680+ |
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| Term | Rate 1 | Commitment Fee | Finder's Fee | APR 2 | ||
| 1 Year | 4.99% | 1% | 1% | 6.14% | ||
| 2 Year | 5.09% | 1% | 1% | 5.61% | ||
| 3 Year | 5.14% | 1% | 1% | 5.45% | ||
| 3 Year | 5.49% | -- | 75 bps | 5.50% | ||
Residential Beacon Score 650 - 679 |
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| Term | Rate 1 | Commitment Fee | Finder's Fee | APR 2 | ||
| 1 Year | 5.14% | 1% | 1% | 6.29% | ||
| 2 Year | 5.29% | 1% | 1% | 5.80% | ||
| 3 Year | 5.39% | 1% | 1% | 5.69% | ||
| 3 Year | 5.74% | -- | 75 bps | 5.74% | ||
Residential Beacon Score 580 - 649 |
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| Term | Rate 1 | Commitment Fee | Finder's Fee | APR 2 | ||
| 1 Year | 5.64% | 1% | 1% | 6.78% | ||
| 2 Year | 5.79% | 1% | 1% | 6.29% | ||
| 3 Year | 5.89% | 1% | 1% | 6.17% | ||
Residential Beacon Score < 580 |
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| Term | Rate 1 | Commitment Fee | Finder's Fee | APR 2 | ||
| 1 Year | 5.89% | 1% | 1% | 7.02% | ||
| 2 Year | 5.99% | 1% | 1% | 6.48% | ||
| 3 Year | 6.14% | 1% | 1% | 6.42% | ||
Rentals: + 0.25% to the posted rates
Mortgage Definitions
- 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.
- A prepayment privilege is the amount that your client can pay toward their mortgage, on top of their regular payments, without having to pay a prepayment charge.
- A prepayment charge is a fee that is payable if your client pays more than the allowed additional amount toward their mortgage, breaks their mortgage contract or pays back the entire mortgage before the end of the term, including when they sell their home.
Terms and Conditions
1. Rates effective May 13, 2026, subject to change at any time without notice and cannot be combined with other offers.
2. The Annual Percentage Rate (APR) represents the total cost of borrowing, including interest and fees, expressed as a percentage. It is not the rate used for regular payments. The APRs listed above reflect calculations based on an example of a $400,000 mortgage with a 30-year amortization, monthly payments and a $600 property valuation fee. If additional fees apply, or if any of these fees do not apply, the APR will change accordingly. The calculation assumes a fixed, non-fluctuating interest rate over the mortgage term.
2. The Annual Percentage Rate (APR) represents the total cost of borrowing, including interest and fees, expressed as a percentage. It is not the rate used for regular payments. The APRs listed above reflect calculations based on an example of a $400,000 mortgage with a 30-year amortization, monthly payments and a $600 property valuation fee. If additional fees apply, or if any of these fees do not apply, the APR will change accordingly. The calculation assumes a fixed, non-fluctuating interest rate over the mortgage term.
