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Mortgage and equity lines of credit rates.

Fixed-rate mortgage.

Rates guaranteed for 120 days. Subject to credit approval. Certain conditions apply. Subject to change without notice.

Open (1 to 4 units)

Term

Fixed rate (%)

6 months

9.150

1 year

9.150

Open (5 units or more)

Term

Fixed rate (%)

6 months

9.150

Convertible (1 to 4 units)

Term

Fixed rate (%)

6 months

8.250

Closed (1 to 4 units)

Term

Fixed rate (%)

6 months

7.040

1 year

7.040

18 months

7.040

2 years

7.340

3 years

6.790

4 years

6.340

5 years

6.490

Promotional rate - 5 years

6.240

6 years

7.000

7 years

7.000

8 years

7.490

9 years

7.490

10 years

7.490

Variable-rate mortgage.

Rate adjustment factor guaranteed for 60 days. Subject to credit approval. Certain conditions apply. Subject to change without notice.

• Prime rate +0.00%

• Can be converted at any time3

• Fixed or variable payments

3 years

7.200

• Prime rate -0.30%

• Can be converted at any time3

• Variable payments

5 years

6.900

Type

Variable-rate mortgage - 1 to 4 units1

Details

Convertible closed term

Variable rate (%)

Variable-rate mortgage - 1 to 4 units2

Details

Convertible closed term

Variable rate (%)

High-ratio fixed rate mortgage (APR).

Certain conditions apply. Rate applicable exclusively to new mortgage loans. A high-ratio mortgage is a loan for which clients have a down payment of less than 20% for the purchase of a residential property. To be eligible for this offer, these customers require mortgage default insurance and to meet the terms and conditions. Rate effective October 4, 2023 and subject to change without notice. For informational purposes only, the Annual Percentage Rate (APR) of 5.74% is based on a loan of $150,000, amortized over 20 years and with a closed term of 5 years. Subject to credit approval. The rate then in effect and offered when the loan is approved is guaranteed up to 120 days after the loan approval date. This offer can be amended, suspended or withdrawn at any time without notice.

Type

Fixed rate (%)

5-year closed term

5.74

Equity line of credit.

Subject to credit approval. Certain conditions apply. Rate based on the Laurentian Bank line of credit base rate. The granted interest rate depends on the financial situation of each client. The variable rate can change without notice.

Type

Minimum rate (%)

Equity line of credit (1 to 4 units)

7.700

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Laurentian Bank: Laurentian Bank of Canada.

APR: Annual Percentage Rate.

  1. The APR for a $100,000 loan amortized over 25 years with a 3-year term is 7.23%. The APR assumes a prime rate of 7.20% (in effect as of July 13, 2023) + 0.00% applicable for the duration of the loan. The applicable interest rate will fluctuate with Laurentian Bank’s prime rate for the duration of the loan.

  2. The APR assumes a prime rate of 7.20% (in effect as of July 13, 2023) - 0.00% applicable for the duration of the loan. The applicable interest rate will fluctuate with Laurentian Bank’s prime rate for the duration of the loan.

  3. Convertible at any time for a fixed-rate closed term equal to or greater than the remaining term.