Is my mortgage/property eligible?

To be eligible, you must have a RBC Royal Bank^® mortgage secured by residential property that is:

• either your own home, rental or vacation property, or
• under the On-Reserve Housing Program, the First Nation On-Reserve Program, or the Chattel Loan Insurance Program (CLIP)

Your mortgage is not eligible if it is:

• More than a multiple six family type dwelling, or
• An interest only mortgage, or
• A Self Directed RRSP mortgage

The mortgage must be in good standing for it to be considered an eligible mortgage.