3-year Fixed Rate:
%

Rate based on a $300,000 mortgage and 25-year amortization. Change

In Brief

A fantastic rate that's supported by intelliMortgage's renowned client service team. See more rate details below. Then click to apply now.

More Info

No legal or appraisal fees on standard switches. No-fee collateral charge switches for just 0.1% more. Includes a FREE one-year home warranty (certain limitations and a $50 deductible apply). Blends are available (upon qualification) if you are purchasing a new home and require a higher loan amount. Blends require a new term that is equal to or longer than the remaining term, plus a minimum $20,000 increase to the loan amount. Blends are not available if the loan-to-value is over 80%. No blends to maturity are permitted on increases. Increases are at CMLS publicly advertised rates available at the time. If you are self-employed, this lender requires that you can prove three years of self-employed income on your tax returns. The lender restricts this offer to customers who do not have an existing application pending.

Key Details

Lender Type
Wholesale
Contract Rate
Closing Deadline
October 3, 2020 (120 days)
Equity Required
At least 35%
Minimum Mortgage
$300,000.00 (for rate shown); $150,000 (minimum*)
Maximum Mortgage
$800,000.00 (Conventional); $950,000.00 (Insured)
Lump-Sum Prepayment Option
20% per year
more details

Features

Portable
Yes
Time to Port
30 day(s)
Collateral Charge
No
Discount Penalty
Yes
Increase Without Penalty
Yes
Available on Switches/Refinances
Yes/No
Blend & Extend
No
Compounding
Semi-annually
Payment Increase Option
20% per year
Fixed Payment
Yes
Line of Credit Available
No
Readvanceable
No
Term Type
Closed
Permitted Amoritzations
10 to 25 years
Online Access
Yes
Double-Up Payments
No
Skip-A-Payment
No
Rate ID
6320
more features

Compare Interest Savings

Enter Competing Rate (%)
Amortization (years)
intelliMortgage Savings *
$
Monthly Payment
$

*(Rate based on $300,000 mortgage.*) Change

What Our Clients Say

See More
Sajid
Sajid

5 out of 5 stars

posted 3 weeks ago

I have been paying 3.35% variable at a big bank and despite several requests and escalations the bank didn't give me a reasonable lock-in rate (mortgage slavery). I decided to pay the penalty and move. I thank Amanda for her diligent and efficient work on my mortgage switch, for answering the questions promptly and for following up on issues even after regular working hours. It has been a pleasure working with her.

The intelliMortgage team have done an excellent job at building the online mortgage builder (which I use and recommend extensively now) and backing it up with solid service standards. It is rare to see places like intelliMortgage here in Canada where consumer rights and freedom of information are in a dismal state and oligopoly is the accepted way of business. intelliMortgage (coupled with RateSpy) is also a great educational tool for the generally uninformed Canadians.

I wish intelliMortgage tremendous growth in the future. It is a service to the indebted Canadians!

...and by the way I am better off by a big margin with my new mortgage even after paying the penalty to the big bank. Well done intelliMortgage!

Brandt Denham
Brandt Denham

5 out of 5 stars

posted 1 month ago

Leslie was amazing and made getting our first mortgage super easy! She explained everything patiently and thoroughly and always responded to our questions quickly! The process was super smooth and she helped us secure a super low rate that we are extremely happy with! Highly recommended!

Orkhan Raguimov
Orkhan Raguimov

5 out of 5 stars

posted 1 month ago

Amanda was amazing to work with. She got us the absolute best rate available on the market with great terms and was available to answer any questions we had all along. 5 Star All the way! Thank you and we will do more business in the future!

Nevin Sterling
Nevin Sterling

5 out of 5 stars

posted 1 week ago

Amanda Thank you very much for your hard work and for getting us a great rate.
You made what could be a stressful process stress free. Always updated in and responding to our question so quickly.

Much appreciated.

Andrew Davidson
Andrew Davidson

5 out of 5 stars

posted 4 weeks ago

Amanda and the team at intelliMortgage were great. They found us a very competitively priced mortgage with a well known lender that met our specific needs. From there they supported the transaction until completion by following up with the lawyers and lender. Highly recommended!

3-year Fixed Rate:
2.24%

Secure your true best rate today.

* Rate savings is based on the interest cost difference over the term, compared to the competitor's rate. Rates shown are based on approved credit, may include cash back and are subject to change without notice. E&OE. Other conditions may apply.