BMO - 7 Year Fixed Ontario Rate

Lender:
BMO
Rate:
7%
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.
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Limited Time Mortgage offers from BMO 

Mortgages for new home buyers

Save $1,000 In Legal Fees** With A New BMO Mortgage. Offer Ends February 17, 2023!

 

Mortgages for Switchers

Switch Your Mortgage to BMO and Get Up To $4,200 Cash Back.* Offer Ends February 17, 2023



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.