Modalities
Footnote * BMO New Mortgage Offer is valid when you apply for a 3-year Fixed Rate Closed Mortgage between January 11 and January 29, 2021, subject to the following terms: Offer applies to loans regular home equity or MargExpress home equity mortgagesFootnote MD (with payment terms) issued for a property that will serve as the borrower’s primary residence.
It is intended for clients who transfer their mortgage from another financial institution as well as those who buy a new property. Investment property, transfers, renewals and refinances of existing BMO mortgages are excluded from this offer.
This offer cannot be combined with any other mortgage offer or any other promotion, unless otherwise specified. The 3-year fixed interest rate is guaranteed for up to 130 days from the start date of the rate guarantee. Funds must be disbursed within 130 days of the rate guarantee start date. Otherwise the interest rate guarantee will expire. This offer may be modified, withdrawn or extended at any time without notice. All residential mortgages remain subject to Bank of Montreal’s standard credit criteria for residential properties.
Footnote ** We guarantee your interest rate for the selected fixed rate mortgage type and term for a period of up to 130 days from the start date of the rate guarantee. If the mortgage is not disbursed within the 130 day period, the interest rate guarantee expires. Offer applies to residential mortgages only and is subject to Bank of Montreal’s customary lending criteria for residential properties. Longest rate guarantee period of any major bank as of January 11, 2021.
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