Mortgage Selector

If you're like many first-time homebuyers, you want flexibility in a mortgage, one that suits your lifestyle.

To find the mortgage that suits you, review our mortgage options in detail, or get a quick overview and comparison of mortgage types.

Buying a home raises some serious questions:

• What can I afford?
• How much of a mortgage payment can I handle?
• Will I get the financing I need when I need it?
• What happens if interest rates rise while I’m looking for a home?

A Pre-Arranged Mortgage from BMO Bank of Montreal can help you shop with confidence. You’ll know:

• Financing is guaranteed based on your current financial situation and satisfactory credit review.
• How much you can borrow.
• What your interest rate will be for the term you’ve chosen.
• How much your payments will be.

90-Day Rate Guarantee

A BMO Bank of of Montreal Pre-Arranged Mortgage guarantees that you will receive the fixed interest rate you are quoted on your confirmation for up to 90 days, even if rates rise in the meantime.

And, if rates should drop before your mortgage funds are advanced, you’ll automatically receive the lowest rate during the 90 day period.