prime




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Hello there!


Welcome to our Prime resources page.

This is your one-stop-shop for RFA Mortgage Corporation prime rates, product sheets, forms, latest promotions & more.

Just want to log into our broker portal? Click the link.



Our Rates


Frontline rates include up to $2,000 cashback!*


Rates effective as of March 17, 2023 @ 12:01 am ET | Bank of Canada Benchmark Rate - 5.25% | RFA Prime Rate - 6.70% | Teal Indicates Recent Change


Term Insured Insurable Uninsurable Uninsurable
Plus		 *Compensation
≤ 65% 65.01 to 70% 70.01 to 75% 75.01 to 80% ≤ 80%
Promo Rates
5 Year Fixed 4.84% 4.84% 4.94% 5.04% 5.14% - - 141 bps
Standard Rates
Frontline Program 4.79% 4.79% 4.89% 4.99% 5.09% - - 80 bps
5 Year ARM P-0.80% P-0.80% P-0.65% P-0.45% P-0.45% P+0.00% P+0.00% 115 bps
5 Year Fixed 4.89% 4.89% 4.99% 5.09% 5.19% 5.79% 5.79% 115 bps
5 Year Fixed Rental - 5.04% 5.14% 5.24% 5.34% 5.94% - 115 bps
4 Year Fixed 5.54% 6.14% 6.14% 6.14% 6.14% - - 50 bps
3 Year Fixed 5.64% 6.14% 6.14% 6.14% 6.14% - - 50 bps
2 Year Fixed 5.89% 6.14% 6.14% 6.14% 6.14% - - 50 bps
1 Year Fixed 6.14% 6.14% 6.14% 6.14% 6.14% - - 40 bps

Frontline Cashback
Loan Amount $150,000 - $299,999 $300,000 - $499,999 $500,000 - $749,999 $750,000 +
Cashback $500 $750 $1,000 $2,000

Rate Criteria

*Insider Compensation: Insiders can earn an additional 10 bps Volume Bonus for achieving their annual target.
Rate holds: All rates are 120 Day Rate Holds unless otherwise indicated. No pre-approvals.
Float down: No float downs to promotional rates.
Insurable mortgages only: Primary Beacon Scores <680 add 20 bps
Uninsurable mortgages only: Purchase/transfer – Primary Beacon Scores must be ≥ 650
Refinance Owner Occupied: Primary Beacon Scores must be ≥ 680
Refinance Rental: Primary Beacon Score must be ≥ 700
Frontline Program: Additional criteria applies, owner-occupied only, use promo code "frontline"
in your deal notes (rfa.ca/frontline or talk to your RVP for more info)
5 Year Promo: New business, owner-occupied, 5 year insured/insurable fixed deals only. Cannot be combined with Frontline or any other promotional offer(s).
Max Buydown: may vary by term, contact your RVP or Underwriter for more detail.
Interest rates, terms and products are subject to change at any time without notice.

For all rate and payout inquires pertaining to existing clients, please visit rfa.ca/customerservice.



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Broker Portal


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Don't know your login info? Reach out to your RVP.



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Approved Appraiser List


Select a province to find an approved appraiser.


Download our Standard Prime Appraisal Guidelines.









Frontline Program



Now accepting teachers!


Surprise your frontline clients with an exclusive rate discount & cashback.*

10 bps off insured/insurable fixed rates & up to $2,000 cashback
Use code "frontline" in your deal notes.

Qualifications:
Border Services, Correction Officer, Firefighter (Employed), Paramedic, Police Office, Registered Physician, Registered Practical Nurse, Teacher, Teacher's Aide, Professor & Principal. Must provide a recent letter of employment & paystub.

*Conditions may apply.

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Calculators


Calculators are for demonstration purposes only. Payment amounts are based on the information you provide and are for illustrative purposes only. Actual mortgage rates may fluctuate and are subject to change at any time without notice. To obtain the amount of the exact prepayment charge and prepayment privileges, which may be applicable, please contact Customer Service.



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