|Rate Hold||130 Days (Jun 05)|
|Permitted Loan-to-Value||80.01% to 95%|
|Max Property Value||$1,000,000.00|
|Max Amortization||25 Years|
|On Ratespy Since||September 06, 2019|
|Last Updated||Dec 03, 2020|
|Latest Rate Change||--|
|Rate ID #||6050|
All BMO Bank of Montreal mortgage rates
How It Compares
- The 30th-lowest 5-year fixed rate as of January 26, 2021
Check this provider's website for complete details.
Available on the 5-year BMO Smart Fixed default insured Mortgage (closed) for customers with a down payment of less than 20% who purchase and qualify for mortgage default insurance. The Annual Percentage Rate (APR) is based on a $350,000 mortgage, 25-year amortization and an appraisal fee of $300, which may be required to complete your lending application. Mortgage funds must be advanced within 130 days from the date of application. Appraisal fees are subject to change. An increase in the appraisal fee may result in an increase to the APR. This offer may be changed, withdrawn or extended at any time without notice. Applications are subject to meeting eligibility conditions for mortgage default insurance and BMO's usual credit criteria. Some conditions may apply. This offer is not available for the regular 5-year fixed rate mortgage (closed) or the Homeowner ReadiLine®. This offer is not available for renewals or refinances of existing BMO mortgages. Rental properties are not eligible.
RateSpy does not see or store your contact information or personal information when you inquire about a rate. The information you enter goes directly to the lender. Mortgage rates listed are subject to change at any time and apply to those with approved credit. Please contact the mortgage provider directly for more information.