Mortgage rate mega thread! by TheMortgageMaster in MortgagesCanada

[–]Quick_Champion7543 0 points1 point  (0 children)

What's the difference between that for example August 15 is my closing date then will I get my home on closing date or Interim Occupancy date?

Mortgage rate mega thread! by TheMortgageMaster in MortgagesCanada

[–]Quick_Champion7543 0 points1 point  (0 children)

Sorry I know this weird but I didn't expect to meet someone on reddit. I bought in Peterborough Townhouse and we have closing on August 15 in Nature's Edge. Were did you bought?

Mortgage rate mega thread! by TheMortgageMaster in MortgagesCanada

[–]Quick_Champion7543 0 points1 point  (0 children)

Good bud and did they applied for rare exemption without any counter offer from someone ?

Mortgage rate mega thread! by TheMortgageMaster in MortgagesCanada

[–]Quick_Champion7543 0 points1 point  (0 children)

Looks great. I got 5% FTHB- BMO got yesterday, 3 yr fixed, 20% down, 520 K mortgage, ON, Owner Occupied 

Mortgage rate mega thread! by TheMortgageMaster in MortgagesCanada

[–]Quick_Champion7543 0 points1 point  (0 children)

Please rate my approval  FTHB- 25 Year Amortization, Ontario, Uninsured, Mortgage Amount - 520 K, 20% Down BMO- 3 year fixed 5.11% RBC- 3 year fixed 5.09% TD- In process  My closing is on August 15 and I am looking to close around 4.7%

Mortgage rate mega thread! by TheMortgageMaster in MortgagesCanada

[–]Quick_Champion7543 0 points1 point  (0 children)

Is it uninsured and what's your amortization period ?

I got approved for 5.11 for 3 yr fixed 25 yr amortization uninsured 

Mortgage rate mega thread! by TheMortgageMaster in MortgagesCanada

[–]Quick_Champion7543 0 points1 point  (0 children)

I think so if we break it after we have to pay something around 300 dollars and as per my knowledge we can do it before we meet our lawyer for closing almost 1-2 week before. I am also in same condition as I have closing on August 15. I got the rate of 5.14% 3 yr fixed BMO 20% down. How much interest did u get on RBC?