1. To be eligible for the offer you must print the offer page or download the PDF and present it when you meet with your RBC advisor. Offer only available on a transfer of an existing mortgage from another lender to Royal Bank of Canada. Mortgage must be for a principal amount of $100,000 or more for all provinces except New Brunswick, Prince Edward Island, Nova Scotia, Newfoundland and Labrador where the minimum principal amount must be $75,000, and, must have the term and prepayment privileges of a 4-year fixed rate term, closed mortgage with a 25 year amortization or less. The application date must be on or before or before . This rate is a special discounted rate below our posted rate. This offer is not available for any amendment to an existing mortgage with Royal Bank of Canada, including a portability transaction or an advance of additional funds or a renewal. The offer cannot be combined or used in conjunction with any other special offers. Other terms and conditions may apply. Under this exclusive offer the annual interest rate and the Annual Percentage Rate (APR) are equal. The APR is based on a $200,000 mortgage with a 4-year fixed rate. The rate and APR is 4.840%.
2. We will pay, when applicable, the basic title insurance fee, processing fee and one discharge fee (up to $300 discharge fee). Offer excludes mortgage prepayment charges that you may have to pay to the other lender.
3. We guarantee your interest rate for the selected mortgage type and term for up to 120 days from the application date. If the mortgage is not funded within the 120-day period, the interest rate guarantee expires.
*Royal Bank of Canada Prime Rate is 4.450% as of and is subject to change at any time without notice.
Personal lending products and residential mortgages are offered by Royal Bank of Canada and are subject to its standard lending criteria. Offer may be withdrawn or amended without notice at any time.
