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Benefits of Switching Your Mortgage to RBC
Your Switching Fees are Covered
Switching your mortgage shouldn’t cost you. At RBC, we cover up to $1,100 in switch fees1 on your eligible mortgage.
Switching your mortgage shouldn’t cost you. At RBC, we cover up to $1,100 in switch fees1 on your eligible mortgage.
A Simple Experience
It couldn’t be easier. We do all the legwork for you by contacting your current lender and making the arrangements on your behalf. We’re also available by phone or video, and in provinces where permitted, can handle your transaction virtually.
It couldn’t be easier. We do all the legwork for you by contacting your current lender and making the arrangements on your behalf. We’re also available by phone or video, and in provinces where permitted, can handle your transaction virtually.
Flexible Payment Options
From Skip-a-Payment, Double Up payments, monthly payment increases, we offer a variety of options to help your mortgage payments fit within your goals and lifestyle.
From Skip-a-Payment, Double Up payments, monthly payment increases, we offer a variety of options to help your mortgage payments fit within your goals and lifestyle.
Unlock your home equity
Unlock the equity in your home and uncover savings opportunities by refinancing your mortgage. Find out how much your home may be worth.
Unlock the equity in your home and uncover savings opportunities by refinancing your mortgage. Find out how much your home may be worth.
Expert Advice
Whether you want to lower your monthly payments or reduce the interest you pay over the life of your mortgage, our Mortgage Specialists can find a solution that helps meet your goals and gives your cash flow a boost.
Whether you want to lower your monthly payments or reduce the interest you pay over the life of your mortgage, our Mortgage Specialists can find a solution that helps meet your goals and gives your cash flow a boost.
A Name You Can Trust
Royal Bank of Canada is among the largest banks in Canada, with a team of Mortgage Specialists dedicated to offering practical financial solutions, competitive rates, personal service and advice that’s tailored to you.
Royal Bank of Canada is among the largest banks in Canada, with a team of Mortgage Specialists dedicated to offering practical financial solutions, competitive rates, personal service and advice that’s tailored to you.
How to switch your mortgage to RBC
If you’re an existing RBC client, you can start your switch online using RBC Mortgage Mover.
New to RBC? Contact an RBC Mortgage Specialist by calling 1-800-769-2511, or find a specialist in your area.
Sign a permission form that allows Royal Bank of Canada to obtain a mortgage payout statement from the financial institution that currently holds your mortgage.
Sign the final mortgage documents once everything is approved.
What You Need to Switch:
- Verification of employment and income
- Proof of property insurance
- Valid identification
- Information about your existing mortgage (i.e. maturity date, mortgage account number, etc.)
Your Mortgage Specialist will be there to support you and advise you of any other documents you may need along the way.