BMO - 3 Year Variable Prince Edward Island Rate
Lender:
![BMO](https://myratecompass.ca/media/uploads/mortgages/bmo-logo-08282020.jpg)
Rate:
8.9%
Yes
Preapproval
Yes
Rate Hold
The amount of time that a lender will guarantee a loan's interest rate. (Usually between 60 and 120 days).
Yes
Monthly Prepayment
You can increase your monthly mortgage payment to pay down your mortgage faster.
Yes
Annual Prepayment
You can make a lump-sum payment each year to pay down your mortgage faster.
Whether you’re looking for your first home, buying another property, or refinancing your mortgage, BMO can make things a little easier with:
- Mortgage rates with a 130-day mortgage rate guarantee – the longest of any major bank in Canada††
- Accelerated payment options to help you pay your mortgage faster
- Knowledgeable Mortgage Specialists who come to you
Not ready yet for a mortgage. You can sign up for our mortgage rates alert and you will be notified when the rates change.