Prime rate and base rate Loans and personal line of credit Loans and RSP lines of credit Mortgage loans and lines of credit Personal bank accounts GIC ActionGIC Evolution of the ActionGIC Cash Account Fund performance Term deposit
Mortgage loans and lines of credit
Fixed-rate mortgage
(1 to 4 units)1
Type Term Fixed
rate
(%)
Open 6 months 6.700
1 year 6.300
Convertible 6 months 5.500
Closed 6 months 4.400
1 year 3.690
18 months 3.840
2 years 3.890
3 years 4.340
4 years 4.890
5 years 5.190
Promotional rate
5 years		 3.090
6 years 5.800
7 years 5.800
8 years 6.600
9 years 6.600
10 years 6.600

Rates guaranteed 120 days.

Legal notice

1. Subject to credit approval. Certain conditions apply.

 
FIXED-RATE MORTGAGE WITH CASHBACK
(1 TO 4 UNITS)1
Type Cashback Closed term Fixed rate (%)
Fixed-rate mortgage with cashback calculated on the amount borrowed1,2 5% 5 years 5.190

Rate guaranteed 90 days.

Legal notice

1. Subject to credit approval. Certain conditions apply. This offer applies to new mortgage requests and mortgage renewals. It cannot be combined with any other offer and is subject to change without notice. Cashback is calculated according to the amount borrowed and used. The maximum cashback is $25,000.
2. For a $100,000 loan amortized over 25 years with a 5-year term, the APR is 5.19%.

 
Home equity line of credit
(1 TO 4 UNITS)
Minimum rate (%)
Home equity line of credit1 4.200

Legal notice

1. 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.

 
VARIABLE-RATE MORTGAGE
(1 TO 4 UNITS)1
Type Detail Convertible closed term4 Variable
rate
(%)
Variable-rate mortgage1,2
1 - 4 units		 Prime rate +0.00 %
Can be converted at anytime4
Fixed or variable payments		 3 years 3.950
Variable-rate mortgage1,3
1 - 4 units		 Prime rate -0.35%
Can be converted at anytime4
Variable payments		 5 years 3.600

Rate adjustment factor guaranteed 90 days

Legal notice

1. Subject to credit approval. Certain conditions apply. Subject to change without notice.
2. The APR for a $100,000 loan amortized over 25 years with a 3-year term is 3.95%. The APR assumes a prime rate of 3,95%
(in effect as of October 25, 2018) + 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. The APR for a $100,000 loan amortized over 25 years with a 5-year term is 3.60%. The APR assumes a prime rate of 3,95%
(in effect as of October 25, 2018) -0.35% 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.
4. Convertible at any time for a fixed-rate closed term equal to or greater than the remaining term.
APR: Annual percentage rate