Is this right for you?

If you are considering purchasing farm land or making improvements to existing farm property or reorganizing farm debt, and you want to stay in control of your financing, BMO Bank of Montreal's flexible payment options, terms and fixed rates on Farm Mortgages will help.

The Details

We offer:

• amortization periods of up to 25 years;
• fixed interest rates for 1, 2, 3, 4, 5, 7 and 10 year terms;
• payments on fixed rate mortgages of monthly, quarterly, semi-annually or annually, depending on cash flow;
• variable rate options;
• competitive low interest rates.

10 +10 Mortgage

To save you money, BMO Bank of Montreal offers you options to repay your mortgage more quickly. You have the opportunity once every calendar year to:

• prepay up to 10% of the original principal, without fee or penalty, and
• increase your farm mortgage payment by up to 10% over the current payment on principal and interest.

Is there anything else I need to know?

The BMO Bank of Montreal Commercial Loan Insurance Plan is available to qualified borrowers.

The Next Step

To discuss further, contact us at
1 877 262-5907
or visit your BMO Bank of Montreal branch.