prime




Our Rates


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


Rates effective as of November 17, 2022 @ 12:01 am ET | Bank of Canada Benchmark Rate - 5.25% | RFA Prime Rate - 5.95% | Teal Indicates Recent Change


Term Insured Insurable Uninsurable Uninsurable
Plus
Insider
Comp.
Standard
Comp.
≤ 65% 65.01 to 70% 70.01 to 75% 75.01 to 80% 80%
Promo Rates
5 Year ARM Comp P-0.90% P-0.90% P-0.75% P-0.55% P-0.55% - - 135 bps 130 bps
5 Year Fixed Comp 5.14% 5.14% 5.34% 5.39% 5.39% - - 135 bps 130 bps
Uninsurable ARM - - - - - P-0.25% - 115 bps 110 bps
Standard Rates
Frontline Program 5.04% 5.04% 5.24% 5.29% 5.29% - - 80 bps 80 bps
5 Year ARM P-0.90% P-0.90% P-0.75% P-0.55% P-0.55% P-0.00% P-0.00% 115 bps 110 bps
5 Year Fixed 5.14% 5.14% 5.34% 5.39% 5.39% 5.99% 5.79% 115 bps 110 bps
5 Year Fixed Rental 5.29% 5.49% 5.54% 5.54% 6.14% - 115 bps 110 bps
4 Year Fixed 5.44% 5.74% 5.74% 5.74% 5.74% - - 50 bps 50 bps
3 Year Fixed 5.54% 5.74% 5.74% 5.74% 5.74% - - 50 bps 50 bps
2 Year Fixed 5.64% 5.74% 5.74% 5.74% 5.74% - - 50 bps 50 bps
1 Year Fixed 5.74% 5.74% 5.74% 5.74% 5.74% - - 40 bps 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

Rate holds: All rates are 120 Day Rate Holds unless otherwise indicated. No pre-approvals.
Float down: No float downs on 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)
Uninsurable ARM Promo: New business only. No float downs. Max 10 bps buydown.
5 Year Comp Promo: New business only. 5 year insured/insurable fixed & ARM deals only. Cannot be combined with Frontline or any other promotional offer(s). Efficiency Bonus or Volume Bonus do not apply to this promo.
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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Approved Appraiser List


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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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FSRA 12980