BMO Mortgage
Although BMO mortgage offers a couple of unique mortgage products, BMO mortgage may or may not be the ideal lender for you or your situation.
If you are interested in a Bank of Montreal mortgage product or would like to compare other products to BMO mortgage rates, please call today or apply online.
Use our mortgage calculator to give you an idea of how much you can afford.
Welcome to Canada Program for Permanent and Temporary Residents
The Bank of Montreal offers mortgages up to 95% for those who have recently immigrated to Canada and those on temporary work permits.
Other BMO Mortgage Products Available
- High ratio mortgages – up to 95% loan to value
- Rural mortgages
- Home equity line of credit
- Up to 35 year amortization
BMO Mortgage Terms Available
| Fixed Rate: | 1, 2, 3, 4, 5 , 6, 7, 10 year |
| Variable Rate: | 3, 5 year |
| Convertible: | 6 months |
| Closed: | 3 year variable, 1, 2, 3, 4, 5 , 6, 7, 10 year fixed rate |
| Open: |
6 month fixed rate |
Bank Of Montreal Mortgage Payment Options
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Weekly
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Biweekly (accelerated)
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Semi-monthly
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Monthly
BMO Mortgage Pre-payment Options
- Increase your payments by 20% over the term.
- Pre-pay up to 20% each year on the original balance of your mortgage without penalty.